Bloomsbury Publishing (LON:BMY) Stock Price Down 19.5% - Here's Why

Bloomsbury Publishing Plc (LON:BMY - Get Free Report)'s share price traded down 19.5% during mid-day trading on Friday . The stock traded as low as GBX 522 ($7.03) and last traded at GBX 524 ($7.06). 2,397,773 shares were traded during mid-day trading, an increase of 712% from the average session volume of 295,242 shares. The stock had previously closed at GBX 651 ($8.77).

Bloomsbury Publishing Price Performance

The company has a debt-to-equity ratio of 15.10, a quick ratio of 1.04 and a current ratio of 1.52. The stock's 50-day moving average is GBX 583.08 and its 200 day moving average is GBX 624.65. The stock has a market capitalization of £426.06 million, a PE ratio of 11.30 and a beta of 0.66.

Bloomsbury Publishing (LON:BMY - Get Free Report) last released its quarterly earnings data 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 earnings per share for the current year.

About Bloomsbury Publishing

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.