Cake Box (LON:CBOX) Hits New 52-Week Low – Here’s Why

Cake Box Holdings Plc (LON:CBOX) reached a new 52-week low on Thursday. The stock traded as low as GBX 180 and last traded at GBX 190, with a volume of 8057 shares trading hands. The stock had previously closed at GBX 185.

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 Stock Up 2.7%

The company’s 50 day moving average price is GBX 196.25 and its two-hundred day moving average price is GBX 195.90. The firm has a market cap of £83.60 million, a PE ratio of 16.65 and a beta of 0.84. The company has a current ratio of 0.99, a quick ratio of 1.99 and a debt-to-equity ratio of 69.38.

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

Insider Buying and Selling

In related news, insider Sukh Ram Chamda purchased 10,000 shares of Cake Box stock in a transaction on Friday, August 21st. The stock was acquired at an average price of GBX 189 per share, for a total transaction of £18,900. 29.66% of the stock is currently owned by insiders.

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.