Card Factory (LON:CARD) Hits New 52-Week Low – Time to Sell?

Posted by Kyle Jackson on Nov 22nd, 2024

Shares of Card Factory plc (LON:CARD – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 78.90 ($0.99) and last traded at GBX 80 ($1.01), with a volume of 2030609 shares trading hands. The stock had previously closed at GBX 80.40 ($1.01).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 185 ($2.33) price objective on shares of Card Factory in a research report on Tuesday, September 24th.

Check Out Our Latest Stock Report on Card Factory

Card Factory Stock Up 0.6 %

The company’s 50-day simple moving average is GBX 99.03 and its 200 day simple moving average is GBX 104.43. The firm has a market cap of £284.71 million, a P/E ratio of 678.33, a price-to-earnings-growth 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 company also recently announced a dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Thursday, October 31st will be issued a GBX 1.20 ($0.02) dividend. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 0.84%. Card Factory’s dividend payout ratio (DPR) is presently 5,000.00%.

Insider Transactions at Card Factory

In other news, insider Pamela Powell bought 4,766 shares of the stock in a transaction dated Tuesday, October 1st. The stock was purchased at an average price of GBX 104 ($1.31) per share, for a total transaction of £4,956.64 ($6,240.26). Company 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.