CAB Payments (LON:CABP) Shares Down 3.4% - Time to Sell?

Key Points

• Shares fell 3.4% to GBX 84 on Wednesday with just 104,439 shares traded, a 77% drop from the stock's average daily volume.
• The company has a market cap of £213.24 million and a P/E of 16.15; it reported GBX 5.40 EPS for the most recent quarter and analysts forecast about GBX 14.56 EPS for the current year.
• CAB Payments is a market leader in B2B cross-border payments and foreign exchange, and is the holding company for UK-regulated Crown Agents Bank.

CAB Payments Holdings Limited (LON:CABP - Get Free Report) shares were down 3.4% on Wednesday . The company traded as low as GBX 84 and last traded at GBX 84. Approximately 104,439 shares traded hands during trading, a decline of 77% from the average daily volume of 458,504 shares. The stock had previously closed at GBX 87.

CAB Payments Price Performance

The company has a market cap of £213.24 million, a P/E ratio of 16.15 and a beta of 1.63. The stock has a fifty day moving average price of GBX 86.16 and a two-hundred day moving average price of GBX 69.76.

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

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.

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