Cake Box (LON:CBOX) Reaches New 1-Year High – Here’s What Happened

Shares of Cake Box Holdings Plc (LON:CBOX) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 200 ($2.49) and last traded at GBX 191 ($2.38), with a volume of 12828 shares. The stock had previously closed at GBX 190 ($2.36).

Wall Street Analysts Forecast Growth

Separately, Panmure Gordon reiterated a “buy” rating and set a GBX 220 ($2.74) price target on shares of Cake Box in a research note on Tuesday, December 31st.

Cake Box Stock Up 0.5 %

The firm has a market capitalization of £78 million, a price-to-earnings ratio of 16.74 and a beta of 1.19. The business has a 50 day moving average of GBX 189.52 and a 200 day moving average of GBX 183.49. The company has a debt-to-equity ratio of 18.51, a current ratio of 2.50 and a quick ratio of 1.99.

Cake Box (LON:CBOX) last posted its quarterly earnings results on Tuesday, November 12th. The company reported GBX 5.18 ($0.06) earnings per share (EPS) for the quarter. Cake Box had a net margin of 12.31% and a return on equity of 25.44%. On average, equities analysts anticipate that Cake Box Holdings Plc will post 11.1000004 EPS for the current year.

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.