Cake Box (LON:CBOX) Stock Price Down 1% – Here’s Why

Shares of Cake Box Holdings Plc (LON:CBOX) traded down 1% on Tuesday . The company traded as low as GBX 195.50 and last traded at GBX 198. Approximately 92,449 shares changed hands during trading, an increase of 93% from the average daily volume of 47,838 shares. The stock had previously closed at GBX 200.

Analyst Ratings Changes

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

Cake Box Stock Down 1.0%

The company has a 50-day simple moving average of GBX 198.21 and a 200-day simple moving average of GBX 197.34. The firm has a market cap of £87.12 million, a PE ratio of 17.35 and a beta of 0.85. The company has a debt-to-equity ratio of 69.38, a current ratio of 0.99 and a quick ratio of 1.99.

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%. Analysts expect that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current fiscal year.

Insider Transactions at Cake Box

In other Cake Box news, insider Sukh Ram Chamda acquired 15,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were bought at an average price of GBX 202 per share, with a total value of £30,300. 29.64% of the stock is currently owned by 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.