Insider Buying: Cake Box (LON:CBOX) Insider Acquires £18,500 in Stock

Cake Box Holdings Plc (LON:CBOX) insider Sukh Ram Chamda bought 10,000 shares of the business’s stock in a transaction on Monday, September 28th. The stock was purchased at an average cost of GBX 185 per share, for a total transaction of £18,500.

Sukh Ram Chamda also recently made the following trade(s):

• On Friday, August 21st, Sukh Ram Chamda purchased 10,000 shares of Cake Box stock. The shares were purchased at an average price of GBX 189 per share, for a total transaction of £18,900.
• On Wednesday, July 1st, Sukh Ram Chamda purchased 15,000 shares of Cake Box stock. The shares were purchased at an average price of GBX 202 per share, with a total value of £30,300.

Cake Box Trading Up 0.3%

Shares of LON CBOX opened at GBX 181.50 on Friday. 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 £79.86 million, a PE ratio of 15.91 and a beta of 0.84. Cake Box Holdings Plc has a twelve month low of GBX 176.50 and a twelve month high of GBX 220. The stock has a fifty day simple moving average of GBX 195.16 and a 200-day simple moving average of GBX 195.68.

Cake Box (LON:CBOX) last posted its earnings results on Tuesday, June 30th. The company reported GBX 11.86 earnings per share (EPS) for the quarter. Cake Box had a return on equity of 19.38% and a net margin of 8.74%. On average, equities analysts forecast that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.