Card Factory plc (LON:CARD) Insider Purchases £4,956.64 in Stock

Card Factory plc (LON:CARD) insider Pamela Powell bought 4,766 shares of Card Factory stock in a transaction dated Tuesday, October 1st. The stock was acquired at an average cost of GBX 104 ($1.39) per share, for a total transaction of £4,956.64 ($6,630.07).

Card Factory Price Performance

Card Factory stock opened at GBX 97.70 ($1.31) on Friday. The business’s 50-day simple moving average is GBX 121.92 and its 200 day simple moving average is GBX 106.30. The company has a quick ratio of 0.20, a current ratio of 1.10 and a debt-to-equity ratio of 65.23. The stock has a market cap of £339.61 million, a price-to-earnings ratio of 814.17, a P/E/G ratio of 0.84 and a beta of 2.06. Card Factory plc has a 12-month low of GBX 88.10 ($1.18) and a 12-month high of GBX 144.25 ($1.93).

Card Factory Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Thursday, October 31st will be paid a GBX 1.20 ($0.02) dividend. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, October 31st. Card Factory’s dividend payout ratio (DPR) is presently 5,000.00%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Berenberg Bank initiated coverage on shares of Card Factory in a research note on Wednesday, July 3rd. They issued a “buy” rating and a GBX 154 ($2.06) target price for the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 185 ($2.47) price objective on shares of Card Factory in a report on Tuesday, September 24th.

Card Factory Company Profile

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.