Cabcharge Australia Limited Receives Sell Rating from Goldman Sachs (CAB)

Cabcharge Australia Limited (ASX: CAB)‘s stock had its “sell” rating reiterated by equities researchers at Goldman Sachs in a research report issued on Friday, ARN reports.

Cabcharge Australia Limited (ASX: CAB) traded up 2.40% on Friday, hitting A$3.840. Cabcharge Australia Limited has a 52-week low of A$3.570 and a 52-week high of A$6.190. The stock’s 50-day moving average is currently A$4.48. The company has a market cap of A$462.2 million and a price-to-earnings ratio of 6.71.

Cabcharge Australia Limited (ASX: CAB) is engaged in the provision of taxi related services in Australia , Through its interest in an associate company, the Company is also engaged in the provision of bus and coach services to customers in Australia.

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