Cake Box (LON:CBOX) Hits New 1-Year Low – Here’s Why

Shares of Cake Box Holdings Plc (LON:CBOX – Get Free Report) hit a new 52-week low during trading on Tuesday. The stock traded as low as GBX 170 and last traded at GBX 170, with a volume of 18989 shares changing hands. The stock had previously closed at GBX 175.

Analyst Ratings Changes

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

Check Out Our Latest Report on Cake Box

Cake Box Price Performance

The stock has a fifty day moving average of GBX 194.14 and a 200-day moving average of GBX 195.45. The company has a quick ratio of 1.99, a current ratio of 0.99 and a debt-to-equity ratio of 69.38. The stock has a market capitalization of £74.80 million, a price-to-earnings ratio of 14.90 and a beta of 0.84.

Insider Activity

In related news, insider Sukh Ram Chamda bought 10,000 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The shares were purchased at an average cost of GBX 185 per share, with a total value of £18,500. Insiders own 29.66% of the company’s stock.

About Cake Box

(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. 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.

See Also

Receive News & Ratings for Cake Box Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cake Box and related companies with MarketBeat.com's FREE daily email newsletter.