Bloomsbury Publishing (LON:BMY) Reaches New 1-Year High – Time to Buy?

Bloomsbury Publishing Plc (LON:BMYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 652 and last traded at GBX 642.76, with a volume of 174983 shares. The stock had previously closed at GBX 640.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 825 target price on shares of Bloomsbury Publishing in a report on Wednesday, May 20th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 820.

Read Our Latest Stock Report on BMY

Bloomsbury Publishing Stock Down 0.2%

The company has a debt-to-equity ratio of 13.80, a quick ratio of 1.04 and a current ratio of 1.77. The firm has a market cap of £520.78 million, a PE ratio of 23.35 and a beta of 0.40. The stock has a fifty day moving average price of GBX 595.13 and a 200-day moving average price of GBX 526.29.

Bloomsbury Publishing (LON:BMYGet Free Report) last issued its earnings results on Wednesday, May 20th. The company reported GBX 45 earnings per share (EPS) for the quarter. Bloomsbury Publishing had a return on equity of 12.74% and a net margin of 8.28%.The business had revenue of £325.90 million during the quarter. Research analysts expect that Bloomsbury Publishing Plc will post 2529.9999179 EPS 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. It serves communities of interest in sports and sports science, nautical, military history, natural history, arts and crafts, and popular science; and offers books for students of the arts, humanities, and social sciences.

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