Cake Box (LON:CBOX) Issues Earnings Results

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

Cake Box Trading Up 0.5%

Shares of LON:CBOX traded up GBX 0.97 during midday trading on Thursday, hitting GBX 200.97. The company had a trading volume of 19,978 shares, compared to its average volume of 46,217. Cake Box has a 12 month low of GBX 175 and a 12 month high of GBX 225. The company has a current ratio of 0.99, a quick ratio of 1.99 and a debt-to-equity ratio of 69.38. The stock has a market cap of £88.43 million, a price-to-earnings ratio of 20.32 and a beta of 0.84. The firm has a fifty day simple moving average of GBX 195.75 and a 200 day simple moving average of GBX 197.78.

Wall Street Analysts Forecast Growth

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

Insider Activity at Cake Box

In related news, insider Sukh Ram Chamda acquired 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was acquired at an average price of GBX 202 per share, for a total transaction of £30,300. 29.60% of the stock is currently owned by company insiders.

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.