Card Factory (LON:CARD) Shares Cross Above 50-Day Moving Average - Here's Why

Card Factory plc (LON:CARD - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 96.13 ($1.30) and traded as high as GBX 104 ($1.41). Card Factory shares last traded at GBX 102.60 ($1.39), with a volume of 521,669 shares changing hands.Wall Street Analysts Forecast GrowthA number of research analysts recently commented on CARD shares. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 150 target price on shares of Card Factory in a research report on Tuesday, July 29th. Peel Hunt reaffirmed a "hold" rating and issued a GBX 110 target price on shares of Card Factory in a research report on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 148.33.Get Our Latest Research Report on Card FactoryCard Factory Price PerformanceThe 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 £360.27 million, a PE ratio of 748.91, a P/E/G ratio of 0.84 and a beta of 2.06. The company's 50-day simple moving average is GBX 96.13 and its 200-day simple moving average is GBX 92.55. Insider Buying and SellingIn other Card Factory news, insider Darcy Willson Rymer sold 60,661 shares of the stock in a transaction dated Monday, June 16th. The stock was sold at an average price of GBX 95, for a total value of £57,627.95. Corporate insiders own 4.42% of the company's stock. About Card Factory (Get Free Report)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.Featured StoriesFive stocks we like better than Card FactoryWhat does consumer price index measure? 3 Healthcare Pathbreakers With Long-Term TailwindsHealth Care Stocks Explained: Why You Might Want to Invest3 Tariff-Proof Retailers Making New All-time HighsHow to Invest in the FAANG StocksWith Shares Near Highs, Here's to Watch in Broadcom's Q3 ReportThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Card Factory Right Now?Before you consider Card Factory, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Card Factory wasn't on the list.While Card Factory currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here