Patisserie (LON:CAKE) Shares Climb 0.6% – Here’s Why

Shares of Patisserie Holdings plc (LON:CAKE – Get Free Report) rose 0.6% during trading on Wednesday. The company traded as high as GBX 10.62 and last traded at GBX 10.55. 13,400 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 224,930 shares. The stock had previously closed at GBX 10.49.

Patisserie Price Performance

The business has a fifty day moving average price of GBX 10.65.

About Patisserie

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Patisserie Holdings plc, together with its subsidiaries, operates in the casual dining sector in the United Kingdom and the Republic of Ireland. The company's stores formats include cafés, concessions, brasseries, takeaways, kiosks, and an online channel. Its stores offer cakes, pastries, snacks, meals, and hot and cold drinks. The company operates 152 stores under the Patisserie Valerie brand, 20 stores under the Druckers ? Vienna Patisserie brand, 22 stores under Philpotts brand, 4 stores under Baker & Spice brand, and 1 bakery under the Flour Power City Bakery brand.

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