Cake Box (LON:CBOX) Announces Quarterly Earnings Results

Cake Box (LON:CBOX) announced its quarterly earnings results on Tuesday. The company reported GBX 11.86 earnings per share for the quarter, Digital Look Earnings reports. Cake Box had a return on equity of 16.03% and a net margin of 8.02%.The company had revenue of GBX 5,969 million during the quarter.

Cake Box Price Performance

Shares of LON:CBOX traded up GBX 10 during midday trading on Tuesday, hitting GBX 200. The company had a trading volume of 89,787 shares, compared to its average volume of 45,820. Cake Box has a twelve month low of GBX 175 and a twelve month high of GBX 225. The stock has a market cap of £88 million, a price-to-earnings ratio of 20.22 and a beta of 0.84. The company has a debt-to-equity ratio of 79.95, a current ratio of 1.08 and a quick ratio of 1.99. The business’s 50-day simple moving average is GBX 195.59 and its 200-day simple moving average is GBX 197.93.

Analyst Upgrades and Downgrades

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

About Cake Box

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.