Bloomsbury Publishing (LON:BMY) Stock Price Down 19.5% - Time to Sell?

Bloomsbury Publishing Plc (LON:BMY - Get Free Report)'s stock price was down 19.5% on Friday . The stock traded as low as GBX 522 ($7.01) and last traded at GBX 524 ($7.03). Approximately 2,397,773 shares changed hands during mid-day trading, an increase of 712% from the average daily volume of 295,242 shares. The stock had previously closed at GBX 651 ($8.74).

Bloomsbury Publishing Trading Down 1.7%

The company has a quick ratio of 1.04, a current ratio of 1.52 and a debt-to-equity ratio of 15.10. The firm's fifty day moving average is GBX 589.54 and its two-hundred day moving average is GBX 630.31. The firm has a market cap of £415.57 million, a P/E ratio of 11.02 and a beta of 0.66.

Bloomsbury Publishing (LON:BMY - Get Free Report) last announced its earnings results on Thursday, May 22nd. The company reported GBX 42.03 ($0.56) earnings per share for the quarter. Bloomsbury Publishing had a net margin of 9.77% and a return on equity of 18.62%. Analysts predict that Bloomsbury Publishing Plc will post 2529.9999179 earnings per share 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.

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