Bloomsbury Publishing (LON:BMY) Stock Price Down 16.9% – What’s Next?

Bloomsbury Publishing Plc (LON:BMY) was down 16.9% on Thursday . The stock traded as low as GBX 521 ($7.05) and last traded at GBX 541 ($7.32). Approximately 3,380,785 shares were traded during trading, an increase of 1,007% from the average daily volume of 305,273 shares. The stock had previously closed at GBX 651 ($8.81).

Bloomsbury Publishing Price Performance

The firm has a market cap of £400.24 million, a PE ratio of 10.61 and a beta of 0.66. The firm has a fifty day simple moving average of GBX 588.02 and a two-hundred day simple moving average of GBX 628.90. The company has a debt-to-equity ratio of 15.10, a quick ratio of 1.04 and a current ratio of 1.52.

Bloomsbury Publishing (LON:BMY) last announced 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%. Equities analysts predict 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.