Bloomsbury Publishing (BMY) Reaches New 12-Month High at $190.00

Shares of Bloomsbury Publishing Plc (LON:BMY) reached a new 52-week high on Thursday . The company traded as high as GBX 190 ($2.56) and last traded at GBX 189 ($2.54), with a volume of 17594 shares. The stock had previously closed at GBX 188.75 ($2.54).

Several brokerages recently weighed in on BMY. Peel Hunt reissued an “add” rating and issued a GBX 200 ($2.69) price objective on shares of Bloomsbury Publishing in a research note on Tuesday, October 24th. Numis Securities upgraded shares of Bloomsbury Publishing to a “buy” rating and upped their target price for the stock from GBX 205 ($2.76) to GBX 210 ($2.83) in a report on Tuesday, October 24th.

The stock has a market capitalization of $142.37 and a price-to-earnings ratio of 1,550.00.

The firm also recently declared a dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, November 2nd were issued a dividend of GBX 1.15 ($0.02) per share. The ex-dividend date was Thursday, November 2nd. This represents a dividend yield of 0.71%.

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Bloomsbury Publishing Company Profile

Bloomsbury Publishing Plc is a global publisher. The Company is involved in the publication of books and other related services. The Company operates through four publishing divisions: Adult, Children’s & Educational, Academic & Professional, and Information. These divisions derive their revenue from book publishing, sale of publishing and distribution rights, management and other publishing services.

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