Cake Box (LON:CBOX) Hits New 1-Year Low – Time to Sell?

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

Analyst Upgrades and Downgrades

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

Cake Box Stock Up 2.7%

The company has a debt-to-equity ratio of 69.38, a current ratio of 0.99 and a quick ratio of 1.99. The stock has a 50 day simple moving average of GBX 195.73 and a 200-day simple moving average of GBX 195.77. The firm has a market cap of £83.60 million, a PE ratio of 16.65 and a beta of 0.84.

Cake Box (LON:CBOX) last released its earnings results on Tuesday, June 30th. The company reported GBX 11.86 EPS for the quarter. Cake Box had a return on equity of 19.38% and a net margin of 8.74%. Sell-side analysts predict that Cake Box Holdings Plc will post 11.1000004 EPS for the current fiscal year.

Insider Buying and Selling

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

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.