CAB Payments (LON:CABP) Trading Up 12.1% – Here’s Why

CAB Payments Holdings Limited (LON:CABP) was up 12.1% during trading on Thursday . The stock traded as high as GBX 75.70 and last traded at GBX 74. Approximately 3,116,519 shares were traded during trading, an increase of 415% from the average daily volume of 605,161 shares. The stock had previously closed at GBX 66.

CAB Payments News Roundup

Here are the key news stories impacting CAB Payments this week:

• Positive Sentiment: Management expects FY25 results to exceed market forecasts, citing strong growth — a clear positive catalyst for revenue and earnings outlook. Article Title Article Title
• Neutral Sentiment: Trading metrics show elevated activity: intraday volume (~4.27M shares) well above the ~938k average. The stock sits above its 50-day (GBX 58.25) and 200-day (GBX 53.16) moving averages, market cap ~£183m and a P/E ~24.9 — signals investors can use to assess momentum and valuation.
• Negative Sentiment: Price weakness despite positive guidance may reflect profit‑taking after a recent run toward a 12‑month high (GBX 77.25), short‑term volatility on heavy intraday volume, or investor caution about valuation and execution risk ahead of confirmed results.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of CAB Payments in a research report on Tuesday, October 28th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, CAB Payments currently has a consensus rating of “Buy” and an average target price of GBX 99.

CAB Payments Trading Down 2.4%

The business’s fifty day moving average is GBX 58.67 and its 200 day moving average is GBX 53.34. The company has a market cap of £183.42 million and a P/E ratio of 24.91.

Insiders Place Their Bets

In other news, insider Kushagra (‘Kush’) Saxena acquired 97,861 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were acquired at an average cost of GBX 51 per share, for a total transaction of £49,909.11. Company insiders own 1.17% of the company’s stock.

About CAB Payments

CAB Payments Holdings plc and its subsidiaries (CAB Payments) is a market leader in business-to-business cross-border payments and foreign exchange, specialising in hard-to-reach markets. CAB Payments uses its strength of network, technology, and expertise to seamlessly move money where it’s needed and is the holding company for Crown Agents Bank, a UK-regulated bank.