Cake Box (LON:CBOX) Shares Down 1.6% - Time to Sell?

Key Points

• Cake Box Holdings Plc's stock price fell by 1.6% during trading to GBX 201.68 ($2.72), with a significant decrease in trading volume, down 73% from its average.
• Despite the recent decline, analysts maintain a consensus rating of "Buy" for Cake Box with a price target of GBX 220.
• The company's latest earnings report showed an EPS of GBX 10.90, with a net margin of 12.31% and a return on equity of 25.44%.

Cake Box Holdings Plc (LON:CBOX - Get Free Report)'s stock price was down 1.6% on Thursday . The stock traded as low as GBX 200 ($2.70) and last traded at GBX 201.68 ($2.72). Approximately 20,919 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 77,047 shares. The stock had previously closed at GBX 205 ($2.77).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "house stock" rating on shares of Cake Box in a research report on Tuesday, July 15th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of GBX 220.

Cake Box Trading Down 2.0%

The stock has a market capitalization of £88.44 million, a P/E ratio of 1,890.87 and a beta of 1.19. 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 stock's 50 day moving average price is GBX 198.96 and its 200-day moving average price is GBX 190.15.

Cake Box (LON:CBOX - Get Free Report) last announced its quarterly earnings data on Tuesday, July 15th. The company reported GBX 10.90 EPS for the quarter. Cake Box had a return on equity of 25.44% and a net margin of 12.31%. As a group, equities research analysts expect 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.