Bloomsbury Publishing (LON:BMY) Trading Down 17.5% - Here's Why

Bloomsbury Publishing Plc (LON:BMY - Get Free Report) shares fell 17.5% during mid-day trading on Thursday . The company traded as low as GBX 521 ($7.07) and last traded at GBX 536.75 ($7.28). 4,474,603 shares were traded during mid-day trading, an increase of 1,314% from the average session volume of 316,434 shares. The stock had previously closed at GBX 651 ($8.83).

Bloomsbury Publishing Price Performance

The firm has a market cap of £409.14 million, a PE ratio of 10.85 and a beta of 0.66. The company has a debt-to-equity ratio of 15.10, a current ratio of 1.52 and a quick ratio of 1.04. The firm has a 50-day simple moving average of GBX 586.34 and a 200 day simple moving average of GBX 626.61.

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