Cake Box (LON:CBOX) Sets New 1-Year Low – Here’s Why

Cake Box Holdings Plc (LON:CBOX) reached a new 52-week low on Thursday . The company traded as low as GBX 180 and last traded at GBX 190, with a volume of 8057 shares. The stock had previously closed at GBX 185.

Analyst Ratings Changes

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

Cake Box Trading Up 2.7%

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 company has a market cap of £83.60 million, a PE ratio of 16.65 and a beta of 0.84. The company has a fifty day simple moving average of GBX 196.70 and a two-hundred day simple moving average of GBX 195.99.

Cake Box (LON:CBOX) last announced its quarterly earnings data on Tuesday, June 30th. The company reported GBX 11.86 earnings per share for the quarter. Cake Box had a net margin of 8.74% and a return on equity of 19.38%. Analysts anticipate that Cake Box Holdings Plc will post 11.1000004 EPS for the current year.

Insider Activity

In related news, insider Sukh Ram Chamda purchased 15,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was acquired at an average price of GBX 202 per share, for a total transaction of £30,300. 29.66% of the stock is currently owned by corporate 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.