CAB Payments’ (CABP) House Stock Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of CAB Payments (LON:CABPFree Report) in a report released on Tuesday morning,London Stock Exchange reports.

CAB Payments Stock Performance

Shares of CAB Payments stock opened at GBX 51.50 on Tuesday. The firm has a 50-day moving average of GBX 51.38 and a 200-day moving average of GBX 47.88. CAB Payments has a 52-week low of GBX 37.30 and a 52-week high of GBX 124.60. The stock has a market cap of £130.74 million and a PE ratio of 17.76.

CAB Payments (LON:CABPGet Free Report) last released its quarterly earnings results on Thursday, August 14th. The company reported GBX 0.90 EPS for the quarter. CAB Payments had a net margin of 12.21% and a return on equity of 14.16%. Equities research analysts predict that CAB Payments will post 14.556213 earnings per share for the current fiscal year.

About CAB Payments

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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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