Bloomsbury Publishing (LON:BMY) Hits New 1-Year Low – Time to Sell?

Bloomsbury Publishing Plc (LON:BMY)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 435.50 and last traded at GBX 440.17, with a volume of 413622 shares traded. The stock had previously closed at GBX 438.50.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 825 target price on shares of Bloomsbury Publishing in a report on Wednesday, December 3rd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 820.

Bloomsbury Publishing Price Performance

The company has a 50 day moving average of GBX 479.67 and a 200 day moving average of GBX 487.01. The company has a debt-to-equity ratio of 15.10, a quick ratio of 1.04 and a current ratio of 1.52. The stock has a market capitalization of £358.28 million, a price-to-earnings ratio of 16.06 and a beta of 0.66.

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. 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.