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

Cake Box Holdings Plc (LON:CBOX) shares reached a new 52-week low during trading on Tuesday. The company traded as low as GBX 170 and last traded at GBX 170, with a volume of 18989 shares. The stock had previously closed at GBX 175.

Wall Street Analyst Weigh In

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

Cake Box Price Performance

The company has a debt-to-equity ratio of 69.38, a current ratio of 0.99 and a quick ratio of 1.99. The company has a 50 day moving average price of GBX 194.14 and a 200 day moving average price of GBX 195.45. The firm has a market cap of £74.80 million, a PE ratio of 14.90 and a beta of 0.84.

Insider Transactions at Cake Box

In other news, insider Sukh Ram Chamda acquired 10,000 shares of the business’s stock in a transaction on Monday, September 28th. The stock was bought at an average price of GBX 185 per share, for a total transaction of £18,500. Corporate insiders own 29.66% of the company’s stock.

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.