Blackbird (LON:BIRD) Insider Ian McDonough Purchases 2,560,700 Shares

Blackbird plc (LON:BIRD) insider Ian McDonough purchased 2,560,700 shares of the stock in a transaction dated Tuesday, March 24th. The stock was purchased at an average cost of GBX 2 per share, for a total transaction of £51,214.

Blackbird Stock Performance

Shares of BIRD opened at GBX 1.88 on Thursday. The stock has a 50 day moving average price of GBX 2.21 and a 200 day moving average price of GBX 2.36. Blackbird plc has a one year low of GBX 1.62 and a one year high of GBX 5.50. The stock has a market capitalization of £9.02 million, a price-to-earnings ratio of -3.08 and a beta of 0.80.

Blackbird (LON:BIRD) last announced its quarterly earnings data on Monday, March 23rd. The company reported GBX (0.62) earnings per share for the quarter. Blackbird had a negative net margin of 158.32% and a negative return on equity of 34.87%.

Blackbird Company Profile

Blackbird plc operates in the fast-growing SaaS, Media and Entertainment and content creation markets. Blackbird plc’s patented technology allows for frame accurate navigation, playback, viewing and editing in the cloud and it has two products.

BlackbirdⓇ a market leading suite of cloud-native computing applications, is used by rights holders, broadcasters, sports and news video specialists, live events and content owners, post production houses, other mass market digital video channels and corporations.

elevate.io is the company’s new browser-based collaborative content creation platform currently in general release.