Cake Box (LON:CBOX) Stock Price Down 0.8% – What’s Next?

Cake Box Holdings Plc (LON:CBOX)’s share price was down 0.8% during mid-day trading on Tuesday . The stock traded as low as GBX 180 ($2.22) and last traded at GBX 182.50 ($2.25). Approximately 9,890 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 38,374 shares. The stock had previously closed at GBX 184 ($2.27).

Analyst Ratings Changes

Separately, Panmure Gordon reiterated a “buy” rating and set a GBX 220 ($2.71) price objective on shares of Cake Box in a report on Tuesday, December 31st.

Cake Box Price Performance

The company has a current ratio of 2.50, a quick ratio of 1.99 and a debt-to-equity ratio of 18.51. The company has a market capitalization of £73 million, a P/E ratio of 1,659.09 and a beta of 1.19. The company has a 50 day moving average price of GBX 191.16 and a 200 day moving average price of GBX 182.38.

Cake Box (LON:CBOX) last released its quarterly earnings data on Tuesday, November 12th. The company reported GBX 5.18 ($0.06) EPS for the quarter. Cake Box had a net margin of 12.31% and a return on equity of 25.16%. On average, equities analysts predict that Cake Box Holdings Plc will post 11.1000004 EPS for the current fiscal year.

Cake Box Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, November 21st were given a dividend of GBX 3.40 ($0.04) per share. This represents a yield of 1.81%. The ex-dividend date of this dividend was Thursday, November 21st. Cake Box’s dividend payout ratio is 8,181.82%.

About Cake Box

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.