CAB Payments (LON:CABP) Reaches New 12-Month High – Should You Buy?

CAB Payments Holdings Limited (LON:CABPGet Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 85.80 and last traded at GBX 83.70, with a volume of 307124 shares traded. The stock had previously closed at GBX 84.

CAB Payments Stock Down 0.4%

The company has a 50 day moving average of GBX 70.80 and a two-hundred day moving average of GBX 58.74. The firm has a market cap of £212.48 million and a P/E ratio of 28.86.

CAB Payments Company Profile

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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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