CAB Payments (LON:CABP) Earns “House Stock” Rating from Shore Capital Group

CAB Payments (LON:CABP)‘s stock had its “house stock” rating reiterated by research analysts at Shore Capital Group in a note issued to investors on Thursday,London Stock Exchange reports.

CAB Payments Price Performance

Shares of CABP stock opened at GBX 84.50 on Thursday. The firm’s 50-day simple moving average is GBX 78.03 and its 200-day simple moving average is GBX 80.70. CAB Payments has a 1-year low of GBX 46 and a 1-year high of GBX 100. The firm has a market cap of £214.51 million, a P/E ratio of 16.25 and a beta of 1.50.

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.