Cake Box (LON:CBOX) Stock Price Down 0.7% – Here’s Why

Cake Box Holdings Plc (LON:CBOX)’s stock price was down 0.7% during mid-day trading on Friday . The company traded as low as GBX 193.56 and last traded at GBX 193.66. Approximately 29,340 shares were traded during trading, a decline of 20% from the average daily volume of 36,768 shares. The stock had previously closed at GBX 195.

Cake Box Stock Performance

The company has a debt-to-equity ratio of 79.95, a quick ratio of 1.99 and a current ratio of 1.08. The business’s 50-day moving average is GBX 200.42 and its 200-day moving average is GBX 202.87. The company has a market capitalization of £85.21 million, a PE ratio of 19.58 and a beta of 0.97.

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.