Bloomsbury Publishing (LON:BMY) Share Price Passes Above 200-Day Moving Average of $606.97

Bloomsbury Publishing Plc (LON:BMY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 606.97 ($7.98) and traded as high as GBX 708 ($9.31). Bloomsbury Publishing shares last traded at GBX 686 ($9.02), with a volume of 44,408 shares traded.

Bloomsbury Publishing Trading Down 1.7 %

The business has a 50-day simple moving average of GBX 694.73 and a two-hundred day simple moving average of GBX 606.97. The stock has a market cap of £558.68 million, a price-to-earnings ratio of 1,758.97 and a beta of 0.67. The company has a debt-to-equity ratio of 4.40, a current ratio of 1.67 and a quick ratio of 1.04.

Insiders Place Their Bets

In other Bloomsbury Publishing news, insider Nigel Newton sold 58,378 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of GBX 713 ($9.38), for a total transaction of £416,235.14 ($547,317.74). Company insiders own 8.05% of the company’s stock.

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.