CAB Payments (LON:CABP) Reaches New 1-Year Low - Should You Sell?

CAB Payments Holdings Limited (LON:CABP - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as GBX 44.05 ($0.57) and last traded at GBX 44.30 ($0.57), with a volume of 376538 shares changing hands. The stock had previously closed at GBX 47.75 ($0.62).

Analyst Ratings Changes

Separately, Canaccord Genuity Group decreased their target price on CAB Payments from GBX 105 ($1.35) to GBX 99 ($1.28) and set a "speculative buy" rating on the stock in a research report on Thursday, March 13th.

CAB Payments Price Performance

The business's 50 day moving average price is GBX 53.71 and its 200 day moving average price is GBX 74.47. The firm has a market cap of £102.51 million and a PE ratio of 5.28.

CAB Payments (LON:CABP - Get Free Report) last posted 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%. As a group, analysts predict that CAB Payments Holdings Limited will post 14.556213 earnings per share for the current year.

Insider Transactions at CAB Payments

In related news, insider James Hopkinson purchased 214,000 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was acquired at an average cost of GBX 48 ($0.62) per share, for a total transaction of £102,720 ($132,507.74). Insiders own 64.28% of the company's stock.

About CAB Payments

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.