Shares of Card Factory plc (LON:CARD - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 90.10 ($1.13) and traded as high as GBX 97.30 ($1.22). Card Factory shares last traded at GBX 96.80 ($1.21), with a volume of 657,943 shares changing hands.
Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 185 ($2.32) target price on shares of Card Factory in a research report on Tuesday, September 24th.
Check Out Our Latest Report on Card Factory
The company has a debt-to-equity ratio of 65.23, a quick ratio of 0.20 and a current ratio of 1.10. The firm has a 50-day moving average of GBX 90.10 and a 200-day moving average of GBX 103.37. The firm has a market capitalization of £334.39 million, a P/E ratio of 801.58, a price-to-earnings-growth ratio of 0.84 and a beta of 2.06.
In other Card Factory news, insider Matthias Seeger bought 21,244 shares of Card Factory stock in a transaction dated Thursday, December 5th. The shares were purchased at an average cost of GBX 94 ($1.18) per share, with a total value of £19,969.36 ($25,033.67). Also, insider Pamela Powell acquired 4,766 shares of Card Factory stock in a transaction on Tuesday, October 1st. The shares were bought at an average cost of GBX 104 ($1.30) per share, for a total transaction of £4,956.64 ($6,213.66). 14.41% of the stock is currently owned by corporate insiders.
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].
Before you consider Card Factory, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Card Factory wasn't on the list.
While Card Factory currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.