Cake Box (LON:CBOX) Reaches New 1-Year High – Time to Buy?

Cake Box Holdings Plc (LON:CBOXGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 200 ($2.55) and last traded at GBX 195 ($2.49), with a volume of 28592 shares. The stock had previously closed at GBX 195 ($2.49).

Cake Box Stock Performance

The company has a debt-to-equity ratio of 18.51, a quick ratio of 1.99 and a current ratio of 2.50. The firm has a market capitalization of £78 million, a price-to-earnings ratio of 1,772.73 and a beta of 1.19. The business has a fifty day moving average price of GBX 185.99 and a 200 day moving average price of GBX 178.87.

Cake Box Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be issued a GBX 3.40 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 1.81%. Cake Box’s dividend payout ratio (DPR) is 8,181.82%.

Cake Box Company Profile

(Get Free Report)

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.

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