Card Factory (LON:CARD) Reaches New 1-Year Low – Should You Sell?

Shares of Card Factory plc (LON:CARD) hit a new 52-week low during mid-day 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 trading hands. The stock had previously closed at GBX 84.50 ($1.10).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 185 ($2.41) price objective on shares of Card Factory in a research note on Tuesday, September 24th.

Card Factory Stock Performance

The business’s 50-day moving average price is GBX 106.01 and its 200-day moving average price is GBX 105.65. The company has a current ratio of 1.10, a quick ratio of 0.20 and a debt-to-equity ratio of 65.23. The stock has a market cap of £295.49 million, a PE ratio of 685.83, a P/E/G ratio of 0.84 and a beta of 2.06.

Card Factory Cuts Dividend

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

Insider Activity at Card Factory

In related news, insider Pamela Powell purchased 4,766 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were acquired at an average price of GBX 104 ($1.35) per share, for a total transaction of £4,956.64 ($6,452.28). 14.41% of the stock is currently owned by 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.