Cake Box (LON:CBOX) Sets New 1-Year Low – Should You Sell?

Cake Box Holdings Plc (LON:CBOX) hit a new 52-week low during mid-day trading on Monday. The company traded as low as GBX 170 and last traded at GBX 180, with a volume of 35,918 shares changing hands. The stock had previously closed at GBX 175.24.

Wall Street Analyst Weigh In

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

Cake Box Price Performance

The firm has a market cap of £79.20 million, a price-to-earnings ratio of 15.78 and a beta of 0.85. 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 company has a 50 day moving average of GBX 188.03 and a 200 day moving average of GBX 194.14.

Insider Buying and Selling

In related news, insider Sukh Ram Chamda bought 10,000 shares of the company’s stock in a transaction on Monday, September 28th. The shares were purchased at an average cost of GBX 185 per share, for a total transaction of £18,500. Company insiders own 29.68% 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.