Shore Capital restated their buy rating on shares of CAB Payments (LON:CABP - Free Report) in a report issued on Thursday morning,London Stock Exchange reports.
CAB Payments Price Performance
Shares of CABP stock traded down GBX 26.90 ($0.35) on Thursday, hitting GBX 79.70 ($1.04). 6,837,819 shares of the stock traded hands, compared to its average volume of 892,470. CAB Payments has a 52 week low of GBX 51.50 ($0.67) and a 52 week high of GBX 166.20 ($2.16). The firm has a 50 day simple moving average of GBX 110.25 and a two-hundred day simple moving average of GBX 121.46. The firm has a market cap of £202.33 million and a price-to-earnings ratio of 996.25.
CAB Payments Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider CAB Payments, 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 CAB Payments wasn't on the list.
While CAB Payments currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
