Card Factory (LON:CARD) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Card Factory plc (LON:CARD)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 86.64 and traded as low as GBX 67.20. Card Factory shares last traded at GBX 68.60, with a volume of 425,273 shares.

Card Factory Stock Up 0.6%

The firm has a market capitalization of £237.23 million, a price-to-earnings ratio of 5.58, a P/E/G ratio of 0.84 and a beta of 1.32. The company has a debt-to-equity ratio of 64.62, a current ratio of 1.06 and a quick ratio of 0.20. The stock has a fifty day moving average of GBX 69.22 and a two-hundred day moving average of GBX 86.64.

Insider Buying and Selling

In related news, insider Indira Thambiah bought 7,500 shares of Card Factory stock in a transaction that occurred on Monday, December 22nd. The shares were acquired at an average cost of GBX 70 per share, for a total transaction of £5,250. Also, insider Robert McWilliam bought 13,852 shares of Card Factory stock in a transaction that occurred on Tuesday, December 16th. The stock was bought at an average price of GBX 72 per share, for a total transaction of £9,973.44. Over the last quarter, insiders have bought 99,570 shares of company stock worth $7,019,104. Corporate insiders own 4.50% of the company’s stock.

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.