CAB Payments (LON:CABP) Trading 1.5% Higher – Still a Buy?

CAB Payments Holdings Limited (LON:CABPGet Free Report)’s share price was up 1.5% during trading on Friday . The stock traded as high as GBX 80.80 and last traded at GBX 80.80. Approximately 477,190 shares traded hands during trading, an increase of 36% from the average daily volume of 350,801 shares. The stock had previously closed at GBX 79.60.

CAB Payments Trading Up 1.5%

The company has a market capitalization of £205.12 million, a P/E ratio of 15.54 and a beta of 1.50. The business’s 50-day simple moving average is GBX 78.13 and its 200 day simple moving average is GBX 80.39.

CAB Payments Company Profile

(Get Free Report)

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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