Cake Box (LON:CBOX) Trading Down 0.8% – Here’s Why

Cake Box Holdings Plc (LON:CBOX)’s share price dropped 0.8% 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 were traded 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 reaffirmed a “buy” rating and set a GBX 220 ($2.71) target price on shares of Cake Box in a research report on Tuesday, December 31st.

Cake Box Price Performance

The firm 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 fifty day moving average of GBX 191.16 and a 200 day moving average of GBX 182.38. The company has a debt-to-equity ratio of 18.51, a current ratio of 2.50 and a quick ratio of 1.99.

Cake Box (LON:CBOX) last posted 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%. Sell-side analysts predict that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current year.

Cake Box Cuts Dividend

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

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.