CAB Payments Holdings Limited (LON:CABP) Insider James Hopkinson Acquires 214,000 Shares

CAB Payments Holdings Limited (LON:CABP - Get Free Report) insider James Hopkinson bought 214,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was purchased at an average cost of GBX 48 ($0.62) per share, with a total value of £102,720 ($133,541.34).

CAB Payments Price Performance

Shares of LON CABP traded up GBX 1.20 ($0.02) during midday trading on Tuesday, hitting GBX 49.80 ($0.65). The stock had a trading volume of 983,436 shares, compared to its average volume of 608,324. CAB Payments Holdings Limited has a fifty-two week low of GBX 45.17 ($0.59) and a fifty-two week high of GBX 166.20 ($2.16). The company's 50-day simple moving average is GBX 58.20 and its 200 day simple moving average is GBX 79.52. The firm has a market cap of £126.51 million and a P/E ratio of 6.52.

CAB Payments (LON:CABP - Get Free Report) last announced its quarterly earnings data on Friday, March 14th. The company reported GBX 6 ($0.08) EPS for the quarter. CAB Payments had a return on equity of 14.16% and a net margin of 12.21%. Equities analysts expect that CAB Payments Holdings Limited will post 14.556213 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Canaccord Genuity Group lowered their target price on CAB Payments from GBX 105 ($1.37) to GBX 99 ($1.29) and set a "speculative buy" rating for the company in a research note on Thursday, March 13th.

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.