CAB Payments Holdings Limited (LON:CABP – Get Free Report) was up 12.1% during mid-day trading on Friday . The company traded as high as GBX 75.70 and last traded at GBX 74. Approximately 3,116,519 shares traded hands during trading, an increase of 415% from the average daily volume of 605,161 shares. The stock had previously closed at GBX 66.
More CAB Payments News
Here are the key news stories impacting CAB Payments this week:
- Positive Sentiment: Management expects FY25 results to exceed market forecasts, citing strong growth — a clear positive catalyst for revenue and earnings outlook. Article Title Article Title
- Neutral Sentiment: Trading metrics show elevated activity: intraday volume (~4.27M shares) well above the ~938k average. The stock sits above its 50-day (GBX 58.25) and 200-day (GBX 53.16) moving averages, market cap ~£183m and a P/E ~24.9 — signals investors can use to assess momentum and valuation.
- Negative Sentiment: Price weakness despite positive guidance may reflect profit‑taking after a recent run toward a 12‑month high (GBX 77.25), short‑term volatility on heavy intraday volume, or investor caution about valuation and execution risk ahead of confirmed results.
Analyst Ratings Changes
Separately, Shore Capital reiterated a “house stock” rating on shares of CAB Payments in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 99.
CAB Payments Stock Performance
The business’s 50 day moving average is GBX 58.67 and its two-hundred day moving average is GBX 53.33. The firm has a market capitalization of £183.42 million and a PE ratio of 24.91.
Insider Buying and Selling at CAB Payments
In other news, insider Kushagra (‘Kush’) Saxena acquired 97,861 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were purchased at an average cost of GBX 51 per share, for a total transaction of £49,909.11. 1.17% of the stock is currently owned by corporate insiders.
CAB Payments Company Profile
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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