Key Points
- Ian McDonough bought 2,560,700 shares of Blackbird on March 24 at an average price of GBX 2 per share, a transaction totaling approximately £51,214.
- Blackbird is a small-cap stock (market cap ~£9.02 million) trading near its 52-week low (opened GBX 1.88 vs. 52-week low GBX 1.62) and reports weak financials with EPS GBX -0.62, ROE -34.87% and net margin -158.32%.
- The company provides cloud-native video SaaS and content-creation tools, notably the Blackbird editing suite and the browser-based platform elevate.io.
Blackbird plc (LON:BIRD - Get Free Report) insider Ian McDonough acquired 2,560,700 shares of the stock in a transaction on Tuesday, March 24th. The shares were bought at an average cost of GBX 2 per share, for a total transaction of £51,214.
Blackbird Stock Down 1.1%
Shares of BIRD opened at GBX 1.88 on Thursday. Blackbird plc has a 52-week low of GBX 1.62 and a 52-week high of GBX 5.50. The company has a market capitalization of £9.02 million, a PE ratio of -3.08 and a beta of 0.80. The stock has a fifty day simple moving average of GBX 2.21 and a two-hundred day simple moving average of GBX 2.36.
Blackbird (LON:BIRD - Get Free Report) last posted its quarterly earnings results on Monday, March 23rd. The company reported GBX (0.62) EPS for the quarter. Blackbird had a negative return on equity of 34.87% and a negative net margin of 158.32%.
About Blackbird
(
Get Free Report)
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.
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