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

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

Wall Street Analysts Forecast Growth

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

Cake Box Trading Down 1.4%

The firm’s fifty day moving average price is GBX 195.16 and its 200-day moving average price is GBX 195.68. The company has a market cap of £78.06 million, a price-to-earnings ratio of 15.55 and a beta of 0.84. 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 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%. On average, equities analysts expect 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 bought 10,000 shares of the firm’s stock in a transaction on Monday, September 28th. The stock was purchased at an average price of GBX 185 per share, for a total transaction 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.