The stock of Card Factory PLC (LON:CARD) hit a new 52-week low and has GBX 232.44 target or 4.00% below today’s GBX 242.12 share price. The 9 months bearish chart indicates high risk for the GBX 824.61 million company. The 1-year low was reported on Nov, 25 by Barchart.com. If the GBX 232.44 price target is reached, the company will be worth GBX 32.98M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 0.16% or GBX 0.38 on November 25, hitting GBX 242.12. About 1.12M shares traded hands or 26.80% up from the average. Card Factory PLC (LON:CARD) has declined 33.10% since April 29, 2016 and is downtrending. It has underperformed by 38.51% the S&P500.
Card Factory PLC (LON:CARD) Ratings Coverage
Out of 5 analysts covering Card Factory Plc (LON:CARD), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Card Factory Plc has been the topic of 48 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Thursday, July 23 by Investec. The stock of Card Factory PLC (LON:CARD) earned “Buy” rating by Liberum Capital on Tuesday, January 26. The firm has “Buy” rating given on Monday, November 16 by Liberum Capital. Nomura maintained it with “Neutral” rating and GBX 330 target price in Monday, December 7 report. The rating was maintained by Investec on Wednesday, January 27 with “Buy”. Investec maintained the stock with “Buy” rating in Friday, November 11 report. The firm has “Buy” rating by Liberum Capital given on Monday, October 12. The firm has “Buy” rating given on Tuesday, November 15 by Peel Hunt. The firm has “Buy” rating by Liberum Capital given on Monday, January 11. The rating was maintained by Liberum Capital with “Buy” on Friday, January 15.
Card Factory plc is a specialist retailer of greeting cards, dressings and gifts. The company has a market cap of 824.61 million GBP. The Firm operates through two divisions: Card Factory and Getting Personal. It has a 12.01 P/E ratio. The Card Factory segment retails greeting cards, dressing and gifts in the United Kingdom through a network of stores.
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