Card Factory (LON:CARD) Sets New 52-Week Low – Here’s Why

Posted by Donald Scott on Nov 15th, 2024

Card Factory plc (LON:CARD – Get Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as GBX 79.60 ($1.02) and last traded at GBX 81.15 ($1.04), with a volume of 4193000 shares. The stock had previously closed at GBX 81.30 ($1.05).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 185 ($2.38) price target on shares of Card Factory in a report on Tuesday, September 24th.

Get Our Latest Research Report on Card Factory

Card Factory Trading Up 0.5 %

The stock has a market cap of £280.81 million, a P/E ratio of 668.33, a PEG ratio of 0.84 and a beta of 2.06. The business’s 50 day simple moving average is GBX 103.45 and its 200 day simple moving average is GBX 105.26. The company has a debt-to-equity ratio of 65.23, a current ratio of 1.10 and a quick ratio of 0.20.

Card Factory Cuts Dividend

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

Insider Transactions at Card Factory

In other Card Factory news, insider Pamela Powell purchased 4,766 shares of the stock in a transaction dated Tuesday, October 1st. The stock was bought at an average price of GBX 104 ($1.34) per share, for a total transaction of £4,956.64 ($6,378.38). 14.41% of the stock is owned by company insiders.

About Card Factory

(Get Free Report)

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.