Bloomsbury Publishing Plc (LON:BMY) Insider Leslie-Ann Reed Purchases 12,139 Shares

Bloomsbury Publishing Plc (LON:BMY) insider Leslie-Ann Reed purchased 12,139 shares of Bloomsbury Publishing stock in a transaction that occurred on Monday, November 25th. The stock was purchased at an average price of GBX 659 ($8.28) per share, with a total value of £79,996.01 ($100,560.67).

Bloomsbury Publishing Stock Down 1.8 %

LON:BMY opened at GBX 660 ($8.30) on Wednesday. The business’s fifty day moving average price is GBX 679.72 and its 200 day moving average price is GBX 663.72. The firm has a market capitalization 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 Plc has a 1-year low of GBX 410 ($5.15) and a 1-year high of GBX 766 ($9.63).

Bloomsbury Publishing Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be issued a GBX 3.89 ($0.05) dividend. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 0.57%. Bloomsbury Publishing’s dividend payout ratio is 3,846.15%.

Analyst Ratings Changes

Separately, Berenberg Bank started coverage on shares of Bloomsbury Publishing in a research note on Wednesday, November 6th. They set a “buy” rating and a GBX 825 ($10.37) target price on the stock.

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.