Blackbird (LON:BIRD) Hits New 12-Month High at $9.38
Blackbird plc (LON:BIRD)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 9.38 ($0.12) and last traded at GBX 9.38 ($0.12), with a volume of 871098 shares traded. The stock had previously closed at GBX 8.58 ($0.11).
The stock has a market capitalization of $27.70 million and a P/E ratio of -8.52. The company has a current ratio of 9.42, a quick ratio of 9.27 and a debt-to-equity ratio of 0.04.
In other Blackbird news, insider Ian McDonough bought 44,356 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The shares were bought at an average price of GBX 7 ($0.09) per share, for a total transaction of £3,104.92 ($4,057.13). In the last quarter, insiders purchased 234,356 shares of company stock worth $1,640,492.
Blackbird plc develops and operates Blackbird, a cloud video platform in the United Kingdom and internationally. The company's platform allows users to publish, view, edit, access, and distribute video content within the cloud. It serves rights holders, solution providers, post-production houses, and digital content providers in live sports, eSports, news, localization, public safety, and post-production sectors.
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