Blackbird (LON:BIRD) Stock Price Down 10.7%

Posted by ABMN Staff on Jul 14th, 2024

Shares of Blackbird plc (LON:BIRD – Get Free Report) were down 10.7% during mid-day trading on Friday . The stock traded as low as GBX 6.03 ($0.08) and last traded at GBX 6.03 ($0.08). Approximately 599,782 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 853,242 shares. The stock had previously closed at GBX 6.75 ($0.09).

Blackbird Price Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 6.57 and a quick ratio of 10.80. The stock has a market capitalization of £22.26 million, a P/E ratio of -575.00 and a beta of 0.87. The stock’s fifty day moving average is GBX 4.93 and its 200-day moving average is GBX 5.87.

Insider Transactions at Blackbird

In other Blackbird news, insider Ian McDonough bought 157,893 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £6,315.72 ($8,089.82). 25.72% of the stock is owned by corporate insiders.

Blackbird Company Profile

(Get Free Report)

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.

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