Card Factory (LON:CARD) Shares Cross Above 50-Day Moving Average – Should You Sell?

Card Factory plc (LON:CARD) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 102.42 ($1.37) and traded as high as GBX 110.60 ($1.48). Card Factory shares last traded at GBX 108.20 ($1.44), with a volume of 687,360 shares.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Berenberg Bank restated a “buy” rating and set a GBX 150 target price on shares of Card Factory in a research report on Tuesday, July 29th. Peel Hunt restated a “hold” rating and set a GBX 110 target price on shares of Card Factory in a research report on Tuesday, July 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 130.

Card Factory Trading Up 0.5%

The company has a quick ratio of 0.20, a current ratio of 1.10 and a debt-to-equity ratio of 39.13. The company has a fifty day moving average of GBX 102.42 and a two-hundred day moving average of GBX 94.59. The stock has a market capitalization of £381.81 million, a price-to-earnings ratio of 793.36, a P/E/G ratio of 0.84 and a beta of 2.06.

Insider Buying and Selling at Card Factory

In related news, insider Darcy Willson Rymer purchased 52,370 shares of the firm’s stock in a transaction that occurred on Tuesday, July 29th. The stock was purchased at an average cost of GBX 95 per share, with a total value of £49,751.50. 4.41% of the stock is currently owned by corporate insiders.

Card Factory Company Profile

Card Factory plc operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally. It operates through five segments: Cardfactory Stores, Cardfactory Online, Getting Personal, Partnerships, and Printcraft. The company provides greeting cards, celebration accessories, and gifts through cardfactory stores, cardfactory online retails, and network of third-party retail partners; and personalised cards and gifts through online retailer, as well as manufactures and sells greeting cards and personalised gifts through its stores and online businesses.