CAB Payments (LON:CABP) Trading Up 1.9% – Here’s What Happened

CAB Payments Holdings Limited (LON:CABP)’s stock price traded up 1.9% during trading on Friday . The stock traded as high as GBX 82 and last traded at GBX 81.50. 38,060 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 333,334 shares. The stock had previously closed at GBX 80.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of CAB Payments in a research report on Thursday, August 6th.

CAB Payments Price Performance

The stock’s fifty day moving average is GBX 79.06 and its 200-day moving average is GBX 81.58. The stock has a market cap of £206.90 million, a PE ratio of 15.67 and a beta of 1.50.

CAB Payments (LON:CABP) last released its quarterly earnings data on Thursday, August 6th. The company reported GBX 5.40 earnings per share (EPS) for the quarter. CAB Payments had a net margin of 12.68% and a return on equity of 12.48%. On average, sell-side analysts expect that CAB Payments Holdings Limited will post 14.556213 EPS for the current fiscal year.

CAB Payments Company Profile

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.