Shore Capital Reaffirms House Stock Rating for CAB Payments (LON:CABP)

CAB Payments (LON:CABP)‘s stock had its “house stock” rating reaffirmed by Shore Capital in a research note issued on Thursday, Marketbeat Ratings reports.

CAB Payments Price Performance

Shares of LON CABP opened at GBX 51.60 ($0.70) on Thursday. The company has a market capitalization of £131.08 million and a price-to-earnings ratio of 6.76. The business has a 50-day moving average of GBX 46.69 and a two-hundred day moving average of GBX 47.96. CAB Payments has a 1 year low of GBX 37.30 ($0.51) and a 1 year high of GBX 132.80 ($1.80).

CAB Payments (LON:CABP) last announced its quarterly earnings results on Thursday, August 14th. The company reported GBX 0.90 ($0.01) earnings per share (EPS) for the quarter. CAB Payments had a return on equity of 14.16% and a net margin of 12.21%. As a group, equities research analysts expect that CAB Payments will post 14.556213 earnings per share for the current year.

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.