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Card Factory (LON:CARD) Reaches New 12-Month Low - Here's Why


Card Factory (LON:CARD) Reaches New 12-Month Low  - Here's Why

Card Factory plc (LON:CARD - Get Free Report)'s stock 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 changing hands. The stock had previously closed at GBX 84.50 ($1.10).

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

View Our Latest Stock Report on CARD

The stock has a market cap of £285.23 million, a PE ratio of 691.67, 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 moving average price is GBX 107.82 and its 200 day moving average price is GBX 105.95.

The firm also recently announced a dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Thursday, October 31st will be given a GBX 1.20 ($0.02) dividend. This represents a 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%.

In other news, insider Pamela Powell acquired 4,766 shares of the firm's stock in a transaction dated Tuesday, October 1st. The shares were purchased at an average cost 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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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