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

Cake Box Holdings Plc (LON:CBOX) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 185 and last traded at GBX 188.75, with a volume of 264002 shares. The stock had previously closed at GBX 195.

Wall Street Analyst Weigh In

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

Cake Box Trading Down 3.2%

The company has a 50 day moving average price of GBX 200.18 and a 200 day moving average price of GBX 197.38. The firm has a market cap of £83.05 million, a price-to-earnings ratio of 16.54 and a beta of 0.85. The company has a debt-to-equity ratio of 69.38, a quick ratio of 1.99 and a current ratio of 0.99.

Cake Box (LON:CBOX) last issued its quarterly earnings data 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 19.38% and a net margin of 8.74%. On average, research analysts expect that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current year.

Insider Buying and Selling at Cake Box

In related news, insider Sukh Ram Chamda acquired 15,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were purchased at an average cost of GBX 202 per share, for a total transaction of £30,300. 29.64% of the stock is currently owned by corporate insiders.

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.