Cake Box (LON:CBOX) Issues Quarterly Earnings Results

Cake Box (LON:CBOX) posted its earnings results on Tuesday. The company reported GBX 11.86 earnings per share for the quarter, Digital Look Earnings reports. Cake Box had a return on equity of 19.38% and a net margin of 8.74%.

Cake Box Price Performance

CBOX opened at GBX 200.97 on Thursday. Cake Box has a fifty-two week low of GBX 175 and a fifty-two week high of GBX 225. The firm has a 50-day moving average of GBX 195.75 and a 200 day moving average of GBX 197.78. The company has a debt-to-equity ratio of 69.38, a quick ratio of 1.99 and a current ratio of 0.99. The firm has a market cap of £88.43 million, a P/E ratio of 20.32 and a beta of 0.84.

Insider Buying and Selling

In related news, insider Sukh Ram Chamda bought 15,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were purchased at an average cost of GBX 202 per share, for a total transaction of £30,300. Corporate insiders own 29.60% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Cake Box in a research note on Tuesday.

About Cake Box

Cake Box Holdings Plc, together with its subsidiaries, engages in the retail of fresh cream celebration cakes in the United Kingdom. The company sells cakes, cupcakes, cheesecakes, and treats; and party accessories, including balloons and candles. It also engages in the franchising of specialist cake stores; and property rental activities. The company sells its products through its physical stores and online. Cake Box Holdings Plc was founded in 2008 and is headquartered in London, the United Kingdom.