Cake Box (LON:CBOX) Reaches New 12-Month Low – Here’s Why

Shares of Cake Box Holdings Plc (LON:CBOX) reached a new 52-week low during trading on Monday. The company traded as low as GBX 170 and last traded at GBX 177.50, with a volume of 79,593 shares trading hands. The stock had previously closed at GBX 171.65.

Analyst Upgrades and Downgrades

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

Cake Box Stock Up 3.4%

The company has a current ratio of 0.99, a quick ratio of 1.99 and a debt-to-equity ratio of 69.38. The stock has a market capitalization of £78.10 million, a PE ratio of 15.56 and a beta of 0.85. The firm has a 50 day moving average of GBX 186.19 and a two-hundred day moving average of GBX 193.79.

Insider Activity at Cake Box

In other news, insider Sukh Ram Chamda acquired 10,000 shares of Cake Box stock in a transaction dated Monday, September 28th. The shares were acquired at an average cost of GBX 185 per share, with a total value of £18,500. 29.68% of the stock is currently owned by insiders.

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.