Ann Cairns Acquires 400,000 Shares of CAB Payments Holdings Limited (LON:CABP) Stock

CAB Payments Holdings Limited (LON:CABP - Get Free Report) insider Ann Cairns bought 400,000 shares of the firm's stock in a transaction on Tuesday, November 12th. The shares were bought at an average price of GBX 73 ($0.94) per share, for a total transaction of £292,000 ($375,756.02).

CAB Payments Trading Up 4.7 %

LON:CABP traded up GBX 3.20 ($0.04) on Wednesday, hitting GBX 71.20 ($0.92). 2,373,627 shares of the stock were exchanged, compared to its average volume of 910,859. The stock has a fifty day moving average of GBX 107.22 and a 200-day moving average of GBX 119.61. The stock has a market cap of £180.75 million and a PE ratio of 876.25. CAB Payments Holdings Limited has a fifty-two week low of GBX 51.50 ($0.66) and a fifty-two week high of GBX 166.20 ($2.14).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a "buy" rating on shares of CAB Payments in a report on Thursday, November 7th.

About CAB Payments

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.