Card Factory (LON:CARD) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Card Factory plc (LON:CARDGet Free Report)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 98.50 and traded as low as GBX 96.40. Card Factory shares last traded at GBX 96.90, with a volume of 484,172 shares changing hands.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on Card Factory

Card Factory Price Performance

The stock has a market capitalization of £336.93 million, a P/E ratio of 7.84, a PEG ratio of 0.84 and a beta of 2.06. The company has a 50 day moving average of GBX 98.50 and a 200-day moving average of GBX 98.25. The company has a quick ratio of 0.20, a current ratio of 1.10 and a debt-to-equity ratio of 39.13.

Card Factory (LON:CARDGet Free Report) last issued its earnings results on Tuesday, September 30th. The company reported GBX 2.80 earnings per share for the quarter. Card Factory had a net margin of 7.79% and a return on equity of 13.00%. Sell-side analysts predict that Card Factory plc will post 15.8347676 EPS for the current year.

About Card Factory

(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.

Further Reading

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