Cake Box (LON:CBOX) Sets New 1-Year High – Time to Buy?

Cake Box Holdings Plc (LON:CBOX)’s stock price reached a new 52-week high on Monday . The company traded as high as GBX 200 ($2.53) and last traded at GBX 186 ($2.35), with a volume of 26828 shares changing hands. The stock had previously closed at GBX 200 ($2.53).

Cake Box Trading Down 7.0 %

The company has a current ratio of 2.50, a quick ratio of 1.99 and a debt-to-equity ratio of 18.51. The stock has a market capitalization of £74.40 million, a P/E ratio of 1,772.73 and a beta of 1.19. The business has a 50-day moving average price of GBX 188.28 and a two-hundred day moving average price of GBX 179.82.

Cake Box Cuts Dividend

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

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.