Cake Box (LON:CBOX) Reaches New 12-Month High – Here’s Why

Shares of Cake Box Holdings Plc (LON:CBOXGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 195 ($2.45) and last traded at GBX 195 ($2.45), with a volume of 90508 shares trading hands. The stock had previously closed at GBX 192 ($2.42).

Cake Box Price Performance

The business’s 50-day moving average price is GBX 180.19 and its 200 day moving average price is GBX 176.49. The company has a quick ratio of 1.99, a current ratio of 2.50 and a debt-to-equity ratio of 18.51. The company has a market capitalization of £78 million, a P/E ratio of 1,818.18 and a beta of 1.19.

Cake Box Cuts Dividend

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

About Cake Box

(Get Free Report)

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.

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