Bloomsbury Publishing Plc (LON:BMY) Insider John Bason Buys 11,677 Shares

Key Points

• Insider John Bason purchased 11,677 shares of Bloomsbury Publishing stock at an average price of GBX 471 ($6.25), amounting to a total investment of approximately £55,000.
• Bloomsbury Publishing's stock is currently priced at GBX 476 ($6.32) with a market capitalization of £384.10 million and a P/E ratio of 10.18.
• Berenberg Bank has issued a "buy" rating for the stock with a price target of GBX 825 ($10.95).

Bloomsbury Publishing Plc (LON:BMY - Get Free Report) insider John Bason acquired 11,677 shares of the business's stock in a transaction on Friday, August 1st. The stock was purchased at an average cost of GBX 471 ($6.25) per share, with a total value of £54,998.67 ($73,029.70).

Bloomsbury Publishing Stock Up 0.1%

BMY stock opened at GBX 476 ($6.32) on Monday. The stock has a market capitalization of £384.10 million, a P/E ratio of 10.18 and a beta of 0.66. The firm has a 50-day simple moving average of GBX 504.72 and a 200-day simple moving average of GBX 571.38. The company has a quick ratio of 1.04, a current ratio of 1.52 and a debt-to-equity ratio of 15.10. Bloomsbury Publishing Plc has a 52 week low of GBX 464 ($6.16) and a 52 week high of GBX 766 ($10.17).

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 825 ($10.95) price objective on shares of Bloomsbury Publishing in a report on Wednesday, July 16th.

Bloomsbury Publishing Company Profile

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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