Bloomsbury Publishing Plc (LON:BMY - Get Free Report) insider Leslie-Ann Reed bought 12,139 shares of the business's stock in a transaction dated Monday, November 25th. The stock was acquired at an average price of GBX 659 ($8.28) per share, for a total transaction of £79,996.01 ($100,560.67).
Bloomsbury Publishing Price Performance
Shares of BMY traded down GBX 12 ($0.15) during mid-day trading on Tuesday, reaching GBX 660 ($8.30). 300,526 shares of the stock traded hands, compared to its average volume of 191,721. Bloomsbury Publishing Plc has a 1 year low of GBX 410 ($5.15) and a 1 year high of GBX 766 ($9.63). The firm has a fifty day moving average price of GBX 679.72 and a 200 day moving average price of GBX 663.72. The company has a market cap of £537.50 million, a price-to-earnings ratio of 1,702.56 and a beta of 0.66. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 4.40.
Bloomsbury Publishing Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, October 31st will be given a GBX 3.89 ($0.05) dividend. The ex-dividend date is Thursday, October 31st. This represents a yield of 0.57%. Bloomsbury Publishing's dividend payout ratio (DPR) is presently 3,846.15%.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank started coverage on shares of Bloomsbury Publishing in a report on Wednesday, November 6th. They issued a "buy" rating and a GBX 825 ($10.37) price target on the stock.
Get Our Latest Stock Analysis on BMY
Bloomsbury Publishing Company Profile
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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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