Shares of Blackbird plc (LON:BIRD – Get Free Report) fell 8.7% during mid-day trading on Monday . The company traded as low as GBX 5.06 ($0.06) and last traded at GBX 5.25 ($0.07). 332,089 shares changed hands during trading, a decline of 49% from the average session volume of 653,756 shares. The stock had previously closed at GBX 5.75 ($0.07).
Blackbird Price Performance
The firm has a market capitalization of £20.32 million, a P/E ratio of -525.00 and a beta of 0.79. The company has a current ratio of 7.12, a quick ratio of 10.80 and a debt-to-equity ratio of 0.33. The firm has a 50 day moving average price of GBX 6.60 and a 200-day moving average price of GBX 5.97.
Insiders Place Their Bets
In related news, insider Ian McDonough bought 28,482 shares of the stock in a transaction dated Monday, September 16th. The stock was purchased at an average cost of GBX 7 ($0.09) per share, with a total value of £1,993.74 ($2,541.41). 21.00% of the stock is owned by insiders.
About Blackbird
Blackbird plc develops and operates a cloud-based video editing and publishing software platform under the Blackbird name in the United Kingdom, rest of Europe, North America, and internationally. The company's platform is used for video viewing, editing, and publishing. It serves news, sports, entertainment, and other sectors.
Recommended Stories
- Five stocks we like better than Blackbird
- The Basics of Support and Resistance
- How to Master Trading Discipline: Overcome Emotional Challenges
- What Are Dividends? Buy the Best Dividend Stocks
- Does China Investigation Change NVIDIA’s Outlook; Yes, No, Maybe?
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Is Marvell Technology Chipping Away at NVIDIA’s Market Lead?
Receive News & Ratings for Blackbird Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackbird and related companies with MarketBeat.com's FREE daily email newsletter.
