Shares of CAB Payments Holdings Limited (LON:CABP - Get Free Report) fell 2.1% on Thursday . The stock traded as low as GBX 111 ($1.44) and last traded at GBX 111.80 ($1.45). 837,311 shares changed hands during mid-day trading, a decline of 12% from the average session volume of 954,814 shares. The stock had previously closed at GBX 114.20 ($1.48).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "buy" rating on shares of CAB Payments in a research note on Thursday, September 5th.
View Our Latest Analysis on CABP
CAB Payments Stock Performance
The company has a market capitalization of £272.65 million and a P/E ratio of 1,352.50. The firm has a 50 day moving average price of GBX 110.91 and a two-hundred day moving average price of GBX 122.20.
CAB Payments Company Profile
(
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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.
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