Card Factory (LON:CARD) Shares Pass Above Fifty Day Moving Average - Should You Sell?

Key Points

• Card Factory plc's share price has risen above its 50-day moving average, trading at GBX 95.94 ($1.28) after reaching a high of GBX 97 ($1.30).
• Analyst Peel Hunt has maintained a "hold" rating on Card Factory, setting a price target of GBX 110 ($1.47) for the stock.
• Insider activity includes the sale of 183,992 shares by Darcy Willson Rymer, while Matthias Seeger acquired 20,465 shares at an average price of GBX 97 ($1.30).

Card Factory plc (LON:CARD - Get Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 92 ($1.22) and traded as high as GBX 97 ($1.28). Card Factory shares last traded at GBX 95.94 ($1.27), with a volume of 3,363,989 shares traded.

Analyst Ratings Changes

A number of research firms recently weighed in on CARD. Berenberg Bank restated a "buy" rating and issued a GBX 150 ($1.98) price target on shares of Card Factory in a report on Tuesday. Peel Hunt reiterated a "hold" rating and set a GBX 110 ($1.45) target price on shares of Card Factory in a report on Tuesday.

Card Factory Trading Down 1.4%

The business has a fifty day simple moving average of GBX 92.15 and a 200 day simple moving average of GBX 91.04. The stock has a market cap of £352.18 million, a price-to-earnings ratio of 8.58, a PEG ratio of 0.84 and a beta of 2.06. The company has a debt-to-equity ratio of 39.13, a quick ratio of 0.20 and a current ratio of 1.10.

Card Factory (LON:CARD - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported GBX 14.30 ($0.19) EPS for the quarter. Card Factory had a return on equity of 13.00% and a net margin of 7.79%. As a group, equities analysts anticipate that Card Factory plc will post 15.8347676 EPS for the current year.

Insider Buying and Selling at Card Factory

In related news, insider Matthias Seeger acquired 20,465 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were bought at an average cost of GBX 97 ($1.28) per share, with a total value of £19,851.05 ($26,223.32). Also, insider Darcy Willson Rymer sold 183,992 shares of the firm's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of GBX 93 ($1.23), for a total value of £171,112.56 ($226,040.37). Insiders purchased a total of 77,130 shares of company stock worth $7,376,870 over the last ninety days. Corporate insiders own 14.41% of the company's stock.

About Card Factory

Card Factory plc operates as a specialist retailer of cards, gifts, and celebration essentials in the United Kingdom and internationally. It operates through five segments: Cardfactory Stores, Cardfactory Online, Getting Personal, Partnerships, and Printcraft. The company provides greeting cards, celebration accessories, and gifts through cardfactory stores, cardfactory online retails, and network of third-party retail partners; and personalised cards and gifts through online retailer, as well as manufactures and sells greeting cards and personalised gifts through its stores and online businesses.