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

Shares of Cake Box Holdings Plc (LON:CBOX - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 200 ($2.52) and last traded at GBX 191 ($2.41), with a volume of 12828 shares traded. The stock had previously closed at GBX 190 ($2.40).

Separately, Panmure Gordon reissued a "buy" rating and issued a GBX 220 ($2.78) price objective on shares of Cake Box in a research report on Tuesday, December 31st.

Get Our Latest Analysis on Cake Box

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 £81.68 million, a P/E ratio of 17.53 and a beta of 1.19. The stock's 50 day simple moving average is GBX 189.25 and its 200 day simple moving average is GBX 183.69.

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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