Bloomsbury Publishing (LON:BMY) Stock Price Down 15.3% - What's Next?

Bloomsbury Publishing Plc (LON:BMY - Get Free Report)'s stock price fell 15.3% during mid-day trading on Thursday . The stock traded as low as GBX 521 ($7.07) and last traded at GBX 551.60 ($7.48). 3,896,530 shares changed hands during trading, an increase of 1,155% from the average session volume of 310,536 shares. The stock had previously closed at GBX 651 ($8.83).

Bloomsbury Publishing Stock Performance

The firm's fifty day moving average price is GBX 586.34 and its 200-day moving average price is GBX 626.61. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 15.10. The company has a market cap of £409.14 million, a P/E ratio of 10.85 and a beta of 0.66.

Bloomsbury Publishing (LON:BMY - Get Free Report) last posted its earnings results on Thursday, May 22nd. The company reported GBX 42.03 ($0.57) earnings per share for the quarter. Bloomsbury Publishing had a net margin of 9.77% and a return on equity of 18.62%. As a group, research analysts forecast that Bloomsbury Publishing Plc will post 2529.9999179 EPS for the current fiscal year.

Bloomsbury Publishing Company Profile

Bloomsbury Publishing Plc publishes academic, educational, and general fiction and non-fiction books for children, teachers, students, researchers, and professionals worldwide. The company offers books and digital resources to international research community and higher education students; online law, accounting, and tax services for the United Kingdom and professionals; and publishing services for corporations and institutions.