CAB Payments (LON:CABP) Stock Price Down 0.5% - What's Next?

CAB Payments Holdings Limited (LON:CABP - Get Free Report) fell 0.5% on Monday . The company traded as low as GBX 62.80 ($0.79) and last traded at GBX 64.50 ($0.81). 308,346 shares were traded during mid-day trading, a decline of 65% from the average session volume of 875,131 shares. The stock had previously closed at GBX 64.80 ($0.81).

Analysts Set New Price Targets

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

CAB Payments Stock Up 6.5 %

The company has a market capitalization of £174.40 million and a price-to-earnings ratio of 858.75. The stock's 50-day moving average price is GBX 80.68 and its 200-day moving average price is GBX 101.14.

Insider Buying and Selling at CAB Payments

In other CAB Payments news, insider Ann Cairns bought 400,000 shares of the stock in a transaction on Tuesday, November 12th. The stock was purchased at an average price of GBX 73 ($0.91) per share, with a total value of £292,000 ($365,411.09). Also, insider Susanne Chishti purchased 96,866 shares of the business's stock in a transaction dated Friday, November 15th. The stock was bought at an average cost of GBX 72 ($0.90) per share, for a total transaction of £69,743.52 ($87,277.59). Corporate insiders own 64.28% of the company's stock.

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.