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

Bloomsbury Publishing Plc (LON:BMY) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 440 and last traded at GBX 447, with a volume of 1771699 shares trading hands. The stock had previously closed at GBX 445.50.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 825 price objective on shares of Bloomsbury Publishing in a research note on Wednesday, December 3rd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Bloomsbury Publishing presently has an average rating of “Buy” and an average target price of GBX 820.

Bloomsbury Publishing Stock Up 0.1%

The company has a quick ratio of 1.04, a current ratio of 1.52 and a debt-to-equity ratio of 15.10. The firm has a 50 day moving average of GBX 481.16 and a 200 day moving average of GBX 487.25. The firm has a market cap of £365.44 million, a price-to-earnings ratio of 16.39 and a beta of 0.66.

Bloomsbury Publishing Company Profile

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.