Cake Box (LON:CBOX) Sets New 52-Week High – Should You Buy?

Cake Box Holdings Plc (LON:CBOXGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 200 ($2.52) and last traded at GBX 190.96 ($2.40), with a volume of 9874 shares trading hands. The stock had previously closed at GBX 185 ($2.33).

Cake Box Stock Performance

The company has a market capitalization of £76.38 million, a price-to-earnings ratio of 1,750.00 and a beta of 1.19. The firm’s 50 day simple moving average is GBX 181.10 and its 200-day simple moving average is GBX 176.91. The company has a debt-to-equity ratio of 18.51, a quick ratio of 1.99 and a current ratio of 2.50.

Cake Box Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a GBX 3.40 ($0.04) dividend. This represents a yield of 1.81%. The ex-dividend date of this dividend is Thursday, November 21st. Cake Box’s dividend payout ratio is currently 8,181.82%.

Cake Box Company Profile

(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.

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