Sukh Ram Chamda Buys 15,000 Shares of Cake Box (LON:CBOX) Stock

Cake Box Holdings Plc (LON:CBOX) insider Sukh Ram Chamda bought 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was bought at an average cost of GBX 202 per share, for a total transaction of £30,300.

Cake Box Price Performance

Cake Box stock traded up GBX 5 during trading hours on Wednesday, hitting GBX 200. The stock had a trading volume of 123,411 shares, compared to its average volume of 46,602. The stock has a market capitalization of £88 million, a price-to-earnings ratio of 20.22 and a beta of 0.84. The stock’s fifty day moving average is GBX 195.59 and its two-hundred day moving average is GBX 197.85. Cake Box Holdings Plc has a 1-year low of GBX 175 and a 1-year high of GBX 225. The company has a debt-to-equity ratio of 79.95, a current ratio of 1.08 and a quick ratio of 1.99.

Cake Box (LON:CBOX) last announced its quarterly earnings results on Tuesday, June 30th. The company reported GBX 11.86 earnings per share (EPS) for the quarter. Cake Box had a return on equity of 16.03% and a net margin of 8.02%. As a group, analysts predict that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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