Card Factory (LON:CARD) Reaches New 12-Month Low – Should You Sell?

Shares of Card Factory plc (LON:CARD) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 78.90 ($1.00) and last traded at GBX 80 ($1.01), with a volume of 2030609 shares changing hands. The stock had previously closed at GBX 80.40 ($1.02).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 185 ($2.35) price target on shares of Card Factory in a research note on Tuesday, September 24th.

Card Factory Stock Performance

The firm has a market capitalization of £278.10 million, a P/E ratio of 659.08, a price-to-earnings-growth ratio of 0.84 and a beta of 2.06. The company has a 50-day moving average of GBX 100.90 and a 200-day moving average of GBX 104.79. The company has a current ratio of 1.10, a quick ratio of 0.20 and a debt-to-equity ratio of 65.23.

Card Factory Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Thursday, October 31st will be given a GBX 1.20 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 0.84%. Card Factory’s dividend payout ratio (DPR) is currently 5,000.00%.

Insider Transactions at Card Factory

In related news, insider Pamela Powell bought 4,766 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were acquired at an average cost of GBX 104 ($1.32) per share, with a total value of £4,956.64 ($6,282.98). 14.41% of the stock is currently owned by corporate insiders.

About Card Factory

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.