Card Factory (LON:CARD) Reaches New 1-Year Low – What’s Next?

Card Factory plc (LON:CARD)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 66.10 and last traded at GBX 67.10, with a volume of 1615257 shares trading hands. The stock had previously closed at GBX 67.10.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CARD shares. Peel Hunt reiterated a “hold” rating and issued a GBX 110 target price on shares of Card Factory in a research note on Tuesday, September 30th. Canaccord Genuity Group restated a “buy” rating and set a GBX 185 price target on shares of Card Factory in a report on Thursday, October 2nd. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 148.33.

Card Factory Price Performance

The firm’s 50-day simple moving average is GBX 89.03 and its 200-day simple moving average is GBX 95.34. The company has a debt-to-equity ratio of 39.13, a quick ratio of 0.20 and a current ratio of 1.10. The company has a market capitalization of £234.30 million, a price-to-earnings ratio of 5.46, a price-to-earnings-growth ratio of 0.84 and a beta of 2.06.

Insider Transactions at Card Factory

In other news, insider Matthias Seeger acquired 21,500 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were bought at an average price of GBX 71 per share, with a total value of £15,265. Also, insider Darcy Willson Rymer acquired 28,318 shares of the stock in a transaction dated Tuesday, December 16th. The shares were purchased at an average price of GBX 70 per share, for a total transaction of £19,822.60. Over the last three months, insiders have bought 99,570 shares of company stock valued at $7,019,104. 4.43% of the stock is currently owned by insiders.

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.