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Bloomsbury Publishing (LON:BMY) Stock Price Down 15.6% - Here's Why

Bloomsbury Publishing logo with Communication Services background

Bloomsbury Publishing Plc (LON:BMY - Get Free Report)'s stock price fell 15.6% during mid-day trading on Thursday . The stock traded as low as GBX 521 ($7.07) and last traded at GBX 549.21 ($7.45). 3,887,027 shares traded hands during trading, an increase of 1,152% from the average session volume of 310,439 shares. The stock had previously closed at GBX 651 ($8.83).

Bloomsbury Publishing Stock Up 2.2%

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

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

About Bloomsbury Publishing

(Get Free Report)

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.

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