Cake Box (LON:CBOX) Trading 1.1% Higher – Still a Buy?

Cake Box Holdings Plc (LON:CBOX) was up 1.1% during mid-day trading on Tuesday . The stock traded as high as GBX 195 ($2.43) and last traded at GBX 192 ($2.39). Approximately 11,828 shares changed hands during trading, a decline of 77% from the average daily volume of 51,806 shares. The stock had previously closed at GBX 190 ($2.37).

Wall Street Analyst Weigh In

Separately, Panmure Gordon reiterated a “buy” rating and issued a GBX 220 ($2.74) price target on shares of Cake Box in a report on Tuesday, December 31st.

Cake Box Trading Up 1.1 %

The stock has a 50-day moving average of GBX 189.69 and a 200 day moving average of GBX 183.35. The company has a quick ratio of 1.99, a current ratio of 2.50 and a debt-to-equity ratio of 18.51. The stock has a market cap of £76.80 million, a PE ratio of 1,745.45 and a beta of 1.19.

Cake Box (LON:CBOX) last released its quarterly earnings data on Tuesday, November 12th. The company reported GBX 5.18 ($0.06) EPS for the quarter. Cake Box had a net margin of 12.31% and a return on equity of 25.16%. As a group, sell-side analysts anticipate that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current year.

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.