Bloomsbury Publishing Plc (LON:BMY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 680.69 ($8.50) and traded as high as GBX 688 ($8.59). Bloomsbury Publishing shares last traded at GBX 672 ($8.39), with a volume of 653,038 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank assumed coverage on Bloomsbury Publishing in a research note on Wednesday, November 6th. They set a "buy" rating and a GBX 825 ($10.30) price objective on the stock.
View Our Latest Stock Report on Bloomsbury Publishing
Bloomsbury Publishing Stock Performance
The company has a debt-to-equity ratio of 4.40, a current ratio of 1.67 and a quick ratio of 1.04. The stock has a market cap of £547.28 million, a PE ratio of 1,723.08 and a beta of 0.66. The firm has a 50 day moving average of GBX 661.95 and a two-hundred day moving average of GBX 680.69.
Bloomsbury Publishing (LON:BMY - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The company reported GBX 25.02 ($0.31) earnings per share (EPS) for the quarter. Bloomsbury Publishing had a return on equity of 16.55% and a net margin of 9.43%. Research analysts predict that Bloomsbury Publishing Plc will post 2529.9999179 EPS for the current fiscal year.
Insider Transactions at Bloomsbury Publishing
In other news, insider Leslie-Ann Reed purchased 12,139 shares of the firm's stock in a transaction on Monday, November 25th. The stock was purchased at an average cost of GBX 659 ($8.23) per share, with a total value of £79,996.01 ($99,882.64). Insiders own 8.26% of the company's stock.
About Bloomsbury Publishing
(
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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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