Card Factory (LON:CARD) Shares Down 27.4% – Should You Sell?

Card Factory plc (LON:CARD) shares fell 27.4% on Saturday . The company traded as low as GBX 69.80 and last traded at GBX 70. 58,370,387 shares changed hands during mid-day trading, an increase of 3,601% from the average session volume of 1,577,172 shares. The stock had previously closed at GBX 96.40.

Analyst Upgrades and Downgrades

CARD has been the topic of several research reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 185 price objective on shares of Card Factory in a report on Thursday, October 2nd. Peel Hunt reissued a “hold” rating and issued a GBX 110 target price on shares of Card Factory in a research report on Tuesday, September 30th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 148.33.

Card Factory Price Performance

The company has a debt-to-equity ratio of 39.13, a quick ratio of 0.20 and a current ratio of 1.10. The company has a market capitalization of £244.43 million, a PE ratio of 5.69, a P/E/G ratio of 0.84 and a beta of 2.06. The company’s 50-day simple moving average is GBX 97.62 and its 200-day simple moving average is GBX 98.05.

Card Factory (LON:CARD) last announced 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%. As a group, sell-side analysts anticipate that Card Factory plc will post 15.8347676 earnings per share for the current year.

Card Factory Company Profile

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.