Bloomsbury Publishing Plc (LON:BMY - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 678.95 ($8.50) and traded as high as GBX 682 ($8.53). Bloomsbury Publishing shares last traded at GBX 675.01 ($8.45), with a volume of 16,335 shares trading hands.
Analyst Ratings Changes
Separately, Berenberg Bank assumed coverage on Bloomsbury Publishing in a report on Wednesday, November 6th. They set a "buy" rating and a GBX 825 ($10.32) price target on the stock.
Check Out Our Latest Stock Report on BMY
Bloomsbury Publishing Price Performance
The business has a 50-day moving average price of GBX 681.03 and a two-hundred day moving average price of GBX 679.41. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 4.40. The company has a market capitalization of £549.73 million, a price-to-earnings ratio of 1,730.80 and a beta of 0.66.
Bloomsbury Publishing Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, October 31st were paid a GBX 3.89 ($0.05) dividend. This represents a dividend yield of 0.57%. The ex-dividend date was Thursday, October 31st. Bloomsbury Publishing's dividend payout ratio (DPR) is 3,846.15%.
Insider Activity
In related news, insider Leslie-Ann Reed bought 12,139 shares of the company's stock in a transaction dated Monday, November 25th. The shares were bought at an average price of GBX 659 ($8.25) per share, for a total transaction of £79,996.01 ($100,095.11). Corporate 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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