CAB Payments (LON:CABP) Trading 0.5% Higher – Here’s Why

CAB Payments Holdings Limited (LON:CABP) shares traded up 0.5% during mid-day trading on Tuesday . The stock traded as high as GBX 85.20 and last traded at GBX 83.40. 59,534 shares were traded during trading, a decline of 88% from the average session volume of 505,363 shares. The stock had previously closed at GBX 83.

CAB Payments Price Performance

The company has a market capitalization of £211.72 million, a P/E ratio of 16.04 and a beta of 2.33. The business has a 50 day simple moving average of GBX 82.62 and a 200-day simple moving average of GBX 65.82.

CAB Payments (LON:CABP) last issued its quarterly earnings results on Thursday, March 5th. The company reported GBX 5.40 EPS for the quarter. CAB Payments had a return on equity of 8.74% and a net margin of 9.04%. Equities analysts forecast that CAB Payments Holdings Limited will post 14.556213 EPS for the current fiscal year.

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.