Cake Box (LON:CBOX) Hits New 1-Year High – Here’s Why

Cake Box Holdings Plc (LON:CBOX) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 195 ($2.51) and last traded at GBX 188 ($2.42), with a volume of 19490 shares traded. The stock had previously closed at GBX 185 ($2.38).

Cake Box Trading Down 1.3 %

The business has a 50-day simple moving average of GBX 178.15 and a two-hundred day simple moving average of GBX 175.53. The stock has a market cap of £75 million, a price-to-earnings ratio of 1,701.82 and a beta of 1.19. The company has a debt-to-equity ratio of 18.51, a current ratio of 2.50 and a quick ratio of 1.99.

Cake Box Cuts Dividend

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

Cake Box Company Profile

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.