Cake Box (LON:CBOX) Hits New 12-Month Low – Here’s Why

Cake Box Holdings Plc (LON:CBOX) shares hit a new 52-week low on Wednesday. The stock traded as low as GBX 180 and last traded at GBX 190, with a volume of 11763 shares changing hands. The stock had previously closed at GBX 185.

Wall Street Analysts Forecast Growth

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

Cake Box Stock Performance

The business’s fifty day moving average price is GBX 195.73 and its 200-day moving average price is GBX 195.77. The stock has a market cap of £83.60 million, a PE ratio of 16.65 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.

Cake Box (LON:CBOX) last released 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%. As a group, equities research analysts forecast that Cake Box Holdings Plc will post 11.1000004 EPS for the current fiscal year.

Insider Transactions at Cake Box

In related news, insider Sukh Ram Chamda bought 10,000 shares of the business’s stock in a transaction on Monday, September 28th. The stock was acquired at an average price of GBX 185 per share, with a total value of £18,500. Corporate insiders own 29.66% of the company’s stock.

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.