Bloomsbury Publishing (LON:BMY) Stock Passes Above 200 Day Moving Average of $0.00

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 $0.00 and traded as high as $239.00. Bloomsbury Publishing shares last traded at $232.40, with a volume of 28,490 shares traded.

BMY has been the topic of several recent analyst reports. Numis Securities reiterated a “buy” rating on shares of Bloomsbury Publishing in a research report on Thursday, May 16th. Peel Hunt reissued a “buy” rating on shares of Bloomsbury Publishing in a research note on Monday, July 15th.

The firm has a 50 day moving average of GBX 232.38. The stock has a market capitalization of $173.26 million and a price-to-earnings ratio of 18.85.

The company also recently declared a dividend, which will be paid on Friday, August 23rd. Stockholders of record on Thursday, July 25th will be paid a dividend of GBX 6.75 ($0.09) per share. This is a positive change from Bloomsbury Publishing’s previous dividend of $1.21. The ex-dividend date of this dividend is Thursday, July 25th. This represents a dividend yield of 2.87%. Bloomsbury Publishing’s payout ratio is 0.66%.

Bloomsbury Publishing Company Profile (LON:BMY)

Bloomsbury Publishing Plc publishes books and other media for general readers, children, students, researchers, and professionals worldwide. The company offers digital resources to international research community and higher education students; online law, accounting, and tax services for UK and Eire professionals; consultancy and publishing services for corporations and institutions; support content for continuing professional development and teaching for teachers and trainee teachers, as well as serves communities of shared interest with sports and sports science, nautical, military history, natural history, and popular science.

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