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

Posted by Rob Hiaasen on Nov 22nd, 2024

Card Factory plc (LON:CARD – Get Free Report) hit a new 52-week low during mid-day 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. 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 issued a GBX 185 ($2.33) target price on shares of Card Factory in a research note on Tuesday, September 24th.

Read Our Latest Research Report on Card Factory

Card Factory Trading Up 0.6 %

The firm has a market capitalization of £284.71 million, a PE ratio of 678.33, a PEG ratio of 0.84 and a beta of 2.06. The company has a quick ratio of 0.20, a current ratio of 1.10 and a debt-to-equity ratio of 65.23. The stock’s fifty day simple moving average is GBX 99.03 and its 200 day simple moving average is GBX 104.43.

Card Factory Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Thursday, October 31st will be paid a GBX 1.20 ($0.02) dividend. The ex-dividend date of this dividend 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 related news, insider Pamela Powell bought 4,766 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was bought at an average cost of GBX 104 ($1.31) per share, with a total value of £4,956.64 ($6,240.26). Corporate 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.