CAB Payments (LON:CABP) Trading 12.1% Higher – Should You Buy?

Shares of CAB Payments Holdings Limited (LON:CABPGet Free Report) shot up 12.1% on Monday . The stock traded as high as GBX 88.80 and last traded at GBX 87.77. 6,647,656 shares traded hands during mid-day trading, an increase of 924% from the average session volume of 649,138 shares. The stock had previously closed at GBX 78.30.

CAB Payments Price Performance

The firm has a market cap of £222.81 million, a PE ratio of 30.26 and a beta of 2.33. The firm has a 50-day simple moving average of GBX 76.12 and a 200 day simple moving average of GBX 61.42.

CAB Payments (LON:CABPGet Free Report) last announced its earnings results on Thursday, March 5th. The company reported GBX 5.40 EPS for the quarter. CAB Payments had a net margin of 9.04% and a return on equity of 8.74%. Sell-side analysts forecast that CAB Payments Holdings Limited will post 14.556213 earnings per share for the current fiscal year.

CAB Payments Company Profile

(Get Free Report)

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.

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