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Cake Box (LON:CBOX) Trading Down 0.8% - Time to Sell?

Cake Box logo with Consumer Defensive background

Cake Box Holdings Plc (LON:CBOX - Get Free Report) dropped 0.8% during trading on Thursday . The stock traded as low as GBX 180 ($2.46) and last traded at GBX 180.55 ($2.46). Approximately 46,166 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 61,536 shares. The stock had previously closed at GBX 182 ($2.48).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a "house stock" rating on shares of Cake Box in a research report on Monday, March 31st.

Read Our Latest Analysis on CBOX

Cake Box Stock Down 0.8%

The company has a market cap of £73.73 million, a P/E ratio of 15.83 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 company has a fifty day moving average of GBX 186.62 and a 200 day moving average of GBX 186.18.

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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