Bloomsbury Publishing (LON:BMY) Stock Price Down 17.5% - Should You Sell?

Bloomsbury Publishing Plc (LON:BMY - Get Free Report)'s share price fell 17.5% during mid-day trading on Thursday . The company traded as low as GBX 521 ($7.07) and last traded at GBX 537 ($7.29). 4,273,930 shares traded hands during trading, an increase of 1,259% from the average session volume of 314,387 shares. The stock had previously closed at GBX 651 ($8.83).

Bloomsbury Publishing Price Performance

The firm has a market capitalization of £409.14 million, a P/E ratio of 10.85 and a beta of 0.66. 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 business has a fifty day moving average of GBX 586.34 and a 200-day moving average of GBX 626.61.

Bloomsbury Publishing (LON:BMY - Get Free Report) last announced its 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 return on equity of 18.62% and a net margin of 9.77%. On average, sell-side analysts forecast that Bloomsbury Publishing Plc will post 2529.9999179 EPS for the current fiscal 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.