CAB Payments (LON:CABP) Earns Buy Rating from Shore Capital

CAB Payments (LON:CABP)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a research report issued to clients and investors on Wednesday, LSE.Co.UK reports.

CAB Payments Trading Down 5.4 %

LON CABP traded down GBX 6.20 ($0.08) during trading hours on Wednesday, reaching GBX 108.40 ($1.43). 861,735 shares of the company’s stock were exchanged, compared to its average volume of 887,532. The stock has a market cap of £275.49 million and a PE ratio of 1,084.00. CAB Payments has a one year low of GBX 46.10 ($0.61) and a one year high of GBX 287.50 ($3.79). The firm has a fifty day moving average of GBX 114.38 and a 200-day moving average of GBX 121.05.

CAB Payments Company Profile

CAB Payments Holdings Limited, through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, development organizations, and governments in the United Kingdom and internationally. The company offers EMpower FX, an end-to-end automated payments gateway for cross-border payments; EMpower Payments, a digital platform for day-to-day exposures in FX; EMpower Connect, a bank oriented service for making hard currency payments; and EMpower Pensions, a pension payment full service platform.