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Bloomsbury Publishing (LON:BMY) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?


Bloomsbury Publishing (LON:BMY) Stock Crosses Above Two Hundred Day Moving Average   - Time to Sell?

Shares of Bloomsbury Publishing Plc (LON:BMY - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 631.98 ($8.25) and traded as high as GBX 690 ($9.01). Bloomsbury Publishing shares last traded at GBX 674 ($8.80), with a volume of 36,575 shares trading hands.

The company's 50-day moving average is GBX 687.11 and its 200-day moving average is GBX 631.98. The company has a debt-to-equity ratio of 4.40, a quick ratio of 1.04 and a current ratio of 1.67. The firm has a market cap of £548.91 million, a price-to-earnings ratio of 1,728.21 and a beta of 0.66.

In other news, insider Nigel Newton sold 58,378 shares of the company's stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of GBX 713 ($9.31), for a total transaction of £416,235.14 ($543,529.83). Company insiders own 8.26% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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