Key Points
- Insider buying: Sukh Ram Chamda purchased 10,000 Cake Box shares at GBX 185 each, investing £18,500. This follows purchases totaling £49,200 in July and August.
- Share performance: Cake Box shares opened at GBX 185, near their one-year low of GBX 180 and below their 50-day and 200-day moving averages of roughly GBX 196.
- Financial position: The company reported quarterly EPS of GBX 11.86, an 8.74% net margin and 19.38% return on equity; Shore Capital reaffirmed its “house stock” rating.
Cake Box Holdings Plc (LON:CBOX - Get Free Report) insider Sukh Ram Chamda purchased 10,000 shares of the firm's stock in a transaction that occurred on Monday, September 28th. The shares were acquired at an average cost of GBX 185 per share, for a total transaction of £18,500.
Sukh Ram Chamda also recently made the following trade(s):
- On Friday, August 21st, Sukh Ram Chamda acquired 10,000 shares of Cake Box stock. The shares were acquired at an average price of GBX 189 per share, with a total value of £18,900.
- On Wednesday, July 1st, Sukh Ram Chamda acquired 15,000 shares of Cake Box stock. The stock was acquired at an average cost of GBX 202 per share, with a total value of £30,300.
Cake Box Price Performance
Shares of Cake Box stock opened at GBX 185 on Wednesday. The company has a debt-to-equity ratio of 69.38, a quick ratio of 1.99 and a current ratio of 0.99. Cake Box Holdings Plc has a one year low of GBX 180 and a one year high of GBX 220. The stock has a market cap of £81.40 million, a price-to-earnings ratio of 16.21 and a beta of 0.84. The stock has a 50 day moving average price of GBX 195.73 and a 200-day moving average price of GBX 195.77.
Cake Box (LON:CBOX - Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported GBX 11.86 earnings per share for the quarter. Cake Box had a return on equity of 19.38% and a net margin of 8.74%. Equities analysts expect that Cake Box Holdings Plc will post 11.1000004 EPS for the current year.
Analysts Set New Price Targets
Separately, Shore Capital Group reaffirmed a "house stock" rating on shares of Cake Box in a research note on Tuesday, June 30th.
Get Our Latest Analysis on CBOX
Cake Box Company Profile
(
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. 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.
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