Card Factory (LON:CARD) Reaches New 12-Month Low – Time to Sell?

Card Factory plc (LON:CARD)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 82 ($1.07) and last traded at GBX 82.05 ($1.07), with a volume of 1610177 shares trading hands. The stock had previously closed at GBX 84.50 ($1.10).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 185 ($2.41) target price on shares of Card Factory in a report on Tuesday, September 24th.

Card Factory Stock Performance

The firm’s 50-day simple moving average is GBX 107.82 and its two-hundred day simple moving average is GBX 105.95. The company has a current ratio of 1.10, a quick ratio of 0.20 and a debt-to-equity ratio of 65.23. The company has a market cap of £285.23 million, a PE ratio of 691.67, a P/E/G ratio of 0.84 and a beta of 2.06.

Card Factory Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, December 11th. Investors of record on Thursday, October 31st will be issued 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 (DPR) is 5,000.00%.

Insider Transactions at Card Factory

In other news, insider Pamela Powell acquired 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, for a total transaction of £4,956.64 ($6,452.28). Company insiders own 14.41% of the company’s stock.

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.