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Bloomsbury Publishing (LON:BMY) Shares Down 17.5% - What's Next?

Bloomsbury Publishing logo with Communication Services background

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

Bloomsbury Publishing Price Performance

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 price is GBX 586.34 and its 200-day moving average price is GBX 626.61. The stock has a market cap of £409.14 million, a P/E ratio of 10.85 and a beta of 0.66.

Bloomsbury Publishing (LON:BMY - Get Free Report) last announced 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%. Analysts forecast that Bloomsbury Publishing Plc will post 2529.9999179 earnings per share for the current year.

Bloomsbury Publishing Company Profile

(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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