Cake Box (LON:CBOX) Sets New 52-Week Low – Here’s What Happened

Cake Box Holdings Plc (LON:CBOX) reached a new 52-week low on Thursday . The stock traded as low as GBX 185 and last traded at GBX 194, with a volume of 17885 shares. The stock had previously closed at GBX 190.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of Cake Box in a research report on Tuesday, June 30th.

Cake Box Stock Up 2.1%

The stock has a market cap of £85.36 million, a price-to-earnings ratio of 17.00 and a beta of 0.84. 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’s 50-day simple moving average is GBX 199.73 and its two-hundred day simple moving average is GBX 196.58.

Cake Box (LON:CBOX) last announced its earnings results on Tuesday, June 30th. The company reported GBX 11.86 earnings per share (EPS) for the quarter. Cake Box had a net margin of 8.74% and a return on equity of 19.38%. On average, sell-side analysts expect that Cake Box Holdings Plc will post 11.1000004 EPS for the current fiscal year.

Insider Activity at Cake Box

In other news, insider Sukh Ram Chamda bought 10,000 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was bought at an average price of GBX 189 per share, for a total transaction of £18,900. Company insiders own 29.66% of the company’s stock.

Cake Box Company Profile

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.