Shares of Card Factory plc (LON:CARD - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 87.32 ($1.13) and last traded at GBX 88 ($1.14), with a volume of 1171776 shares. The stock had previously closed at GBX 88.50 ($1.15).
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the stock. Berenberg Bank assumed coverage on shares of Card Factory in a research note on Wednesday, July 3rd. They issued a "buy" rating and a GBX 154 ($2.00) price target for the company. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 185 ($2.40) price target on shares of Card Factory in a research note on Tuesday, September 24th.
Check Out Our Latest Report on CARD
Card Factory Stock Down 0.6 %
The stock's 50 day simple moving average is GBX 115.29 and its two-hundred day simple moving average is GBX 106.37. The firm has a market cap of £305.91 million, a P/E ratio of 733.33, a P/E/G ratio of 0.84 and a beta of 2.06. 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 firm also recently announced a dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Thursday, October 31st will be paid a dividend of GBX 1.20 ($0.02) per share. 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 is 5,000.00%.
Insider Buying and Selling at Card Factory
In other Card Factory news, insider Pamela Powell bought 4,766 shares of the firm's stock in a transaction on Tuesday, October 1st. The stock was acquired at an average price of GBX 104 ($1.35) per share, with a total value of £4,956.64 ($6,435.52). Insiders own 14.41% of the company's stock.
Card Factory Company Profile
(
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.
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