CAB Payments’ (CABP) “Buy” Rating Reiterated at Shore Capital

CAB Payments (LON:CABP)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a research report issued on Thursday,London Stock Exchange reports.

CAB Payments Stock Performance

LON CABP traded down GBX 26.90 ($0.35) on Thursday, reaching GBX 79.70 ($1.04). 6,837,814 shares of the stock traded hands, compared to its average volume of 892,470. CAB Payments has a 12 month low of GBX 51.50 ($0.67) and a 12 month high of GBX 166.20 ($2.16). The company has a fifty day moving average price of GBX 110.25 and a 200-day moving average price of GBX 121.46. The company has a market cap of £202.33 million and a price-to-earnings ratio of 996.25.

CAB Payments Company Profile

CAB Payments Holdings Limited, through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, development organizations, and governments in the United Kingdom and internationally. The company offers EMpower FX, an end-to-end automated payments gateway for cross-border payments; EMpower Payments, a digital platform for day-to-day exposures in FX; EMpower Connect, a bank oriented service for making hard currency payments; and EMpower Pensions, a pension payment full service platform.