Bloomsbury Publishing (LON:BMY) Shares Down 16.6% - Should You Sell?

Bloomsbury Publishing Plc (LON:BMY - Get Free Report)'s stock price dropped 16.6% on Thursday . The stock traded as low as GBX 521 ($7.07) and last traded at GBX 543 ($7.37). Approximately 4,122,637 shares were traded during mid-day trading, an increase of 1,218% from the average daily volume of 312,843 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 stock has a market capitalization of £409.14 million, a price-to-earnings ratio of 10.85 and a beta of 0.66.

Bloomsbury Publishing (LON:BMY - Get Free Report) last issued its quarterly earnings data on Thursday, May 22nd. The company reported GBX 42.03 ($0.57) EPS for the quarter. Bloomsbury Publishing had a net margin of 9.77% and a return on equity of 18.62%. 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.