CAB Payments (LON:CABP) Trading 12.1% Higher – Should You Buy?

CAB Payments Holdings Limited (LON:CABPGet Free Report) shares were up 12.1% on Monday . The company traded as high as GBX 88.80 and last traded at GBX 87.77. Approximately 6,647,656 shares were traded during trading, an increase of 924% from the average daily volume of 649,138 shares. The stock had previously closed at GBX 78.30.

CAB Payments Stock Up 12.1%

The company has a market cap of £222.81 million, a PE ratio of 30.26 and a beta of 2.33. The firm’s 50-day moving average is GBX 76.12 and its 200-day moving average is GBX 61.42.

CAB Payments (LON:CABPGet Free Report) last issued its quarterly earnings data on Thursday, March 5th. The company reported GBX 5.40 EPS for the quarter. CAB Payments had a net margin of 9.04% and a return on equity of 8.74%. As a group, equities research analysts anticipate that CAB Payments Holdings Limited will post 14.556213 EPS for the current fiscal year.

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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