Cake Box (LON:CBOX) Hits New 1-Year High - Here's Why

Cake Box Holdings Plc (LON:CBOX - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 210 ($2.82) and last traded at GBX 209.80 ($2.82), with a volume of 134786 shares. The stock had previously closed at GBX 205 ($2.75).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "house stock" rating on shares of Cake Box in a research report on Tuesday, July 15th.

Cake Box Stock Performance

The firm has a fifty day moving average of GBX 187.78 and a 200-day moving average of GBX 186.23. 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 firm has a market cap of £90.37 million, a P/E ratio of 19.40 and a beta of 1.19.

Cake Box (LON:CBOX - Get Free Report) last posted its quarterly earnings data on Tuesday, July 15th. The company reported GBX 10.90 ($0.15) earnings per share (EPS) for the quarter. Cake Box had a return on equity of 25.44% and a net margin of 12.31%. Research analysts predict that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current fiscal year.

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.