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

Cake Box Holdings Plc (LON:CBOX) shares reached a new 52-week low on Monday. The company traded as low as GBX 170 and last traded at GBX 177.50, with a volume of 79,593 shares traded. The stock had previously closed at GBX 171.65.

Wall Street Analyst Weigh In

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

Cake Box Stock Performance

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 stock has a market cap of £79.20 million, a PE ratio of 15.78 and a beta of 0.85. The company’s 50 day simple moving average is GBX 185.44 and its 200 day simple moving average is GBX 194.85.

Insider Activity

In other Cake Box news, insider Sukh Ram Chamda bought 10,000 shares of Cake Box stock in a transaction dated Monday, September 28th. The stock was bought at an average cost of GBX 185 per share, with a total value of £18,500. 29.68% 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.