CAB Payments (LON:CABP) Announces Earnings Results

Key Points

• CAB Payments reported a quarterly EPS of GBX 0.90 ($0.01) with a return on equity of 14.16% and a net margin of 12.21%.
• The company's stock decreased by GBX 1.90 ($0.03) to GBX 47.95 ($0.65) during trading, with a market capitalization of £121.81 million.
• Shore Capital reiterated a "house stock" rating on CAB Payments, indicating steady confidence in the company's performance.

CAB Payments (LON:CABP - Get Free Report) released its quarterly earnings data on Thursday. The company reported GBX 0.90 ($0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. CAB Payments had a net margin of 12.21% and a return on equity of 14.16%.

CAB Payments Stock Performance

Shares of CAB Payments stock traded up GBX 1.40 ($0.02) on Monday, reaching GBX 53 ($0.72). The company had a trading volume of 425,546 shares, compared to its average volume of 483,784. The firm has a market cap of £134.64 million and a PE ratio of 6.94. The firm's 50 day moving average price is GBX 46.93 and its two-hundred day moving average price is GBX 47.72. CAB Payments has a 52-week low of GBX 37.30 ($0.50) and a 52-week high of GBX 132.80 ($1.79).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "house stock" rating on shares of CAB Payments in a research report on Thursday.

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.