Blackbird plc (LON:BIRD)’s stock price hit a new 52-week high during trading on Thursday . The stock 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 company has a market capitalization of $32.06 million and a P/E ratio of -9.86. The company has a debt-to-equity ratio of 0.04, a current ratio of 9.42 and a quick ratio of 9.27.
In other news, insider Ian McDonough purchased 44,356 shares of the firm’s stock in a transaction dated Thursday, August 1st. The shares were acquired at an average price of GBX 7 ($0.09) per share, with a total value of £3,104.92 ($4,057.13). Insiders have bought a total of 234,356 shares of company stock worth $1,640,492 in the last three months.
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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