Cake Box (LON:CBOX) Hits New 52-Week High - Still a Buy?

Key Points

• Cake Box Holdings Plc shares reached a new 52-week high of GBX 225 ($3.01) during trading, showing significant stock performance with a last trade at GBX 218 ($2.91).
• The company's earnings per share (EPS) for the latest quarter was GBX 10.90 ($0.15), with analysts forecasting an EPS of 11.10 for the current fiscal year.
• Shore Capital has reiterated a "house stock" rating on Cake Box, indicating continued investment interest from analysts.

Cake Box Holdings Plc (LON:CBOX - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The stock traded as high as GBX 225 ($2.99) and last traded at GBX 218 ($2.89), with a volume of 24336 shares. The stock had previously closed at GBX 217.50 ($2.89).

Wall Street Analyst Weigh In

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

Cake Box Price Performance

The firm has a 50 day moving average price of GBX 189.88 and a 200 day moving average price of GBX 187.21. The stock has a market capitalization of £87.80 million, a PE ratio of 18.85 and a beta of 1.19. The company has a current ratio of 2.50, a quick ratio of 1.99 and a debt-to-equity ratio of 18.51.

Cake Box (LON:CBOX - Get Free Report) last released its quarterly earnings results on Tuesday, July 15th. The company reported GBX 10.90 ($0.14) 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 anticipate that Cake Box Holdings Plc will post 11.1000004 earnings per share for the current year.

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.