Simon Thompson 

Bloomsbury’s tales to make for a profitable read

Simon Thompson

Simon Thompson

 

Shares in Bloomsbury Publishing (BMY:238p), the company best known for publishing author JK Rowling’s Harry Potter series of best-selling books, are tantalisingly poised at the upper end of the 220p to 244p narrow trading range that has capped progress since March. On fundamentals, a chart break-out is well overdue, and first half results that are due to be released on 29 October 2019 could well be the catalyst to spark one.

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