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

Cake Box Holdings Plc (LON:CBOX) hit a new 52-week low on Thursday . The company traded as low as GBX 185 and last traded at GBX 188.75, with a volume of 264002 shares trading hands. The stock had previously closed at GBX 195.

Analysts Set New Price Targets

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

Cake Box Price Performance

The company’s 50-day simple moving average is GBX 200.18 and its 200 day simple moving average is GBX 197.38. The company has a market cap of £83.05 million, a PE ratio of 16.54 and a beta of 0.85. 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 announced its quarterly earnings data on Tuesday, June 30th. The company reported GBX 11.86 earnings per share (EPS) for the quarter. Cake Box had a return on equity of 19.38% and a net margin of 8.74%. On average, sell-side analysts predict that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Sukh Ram Chamda acquired 15,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was acquired at an average price of GBX 202 per share, for a total transaction of £30,300. Insiders own 29.64% 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.