CAB Payments Holdings Limited (LON:CABP - Get Free Report) was up 18.9% on Tuesday . The stock traded as high as GBX 55 ($0.76) and last traded at GBX 54.70 ($0.75). 2,140,292 shares were traded during trading, an increase of 332% from the average daily volume of 495,760 shares. The stock had previously closed at GBX 46 ($0.63).
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Shore Capital reissued a "house stock" rating on shares of CAB Payments in a report on Wednesday, June 4th. Canaccord Genuity Group decreased their target price on CAB Payments from GBX 105 ($1.44) to GBX 99 ($1.36) and set a "speculative buy" rating on the stock in a report on Thursday, March 13th.
Check Out Our Latest Stock Report on CABP
CAB Payments Price Performance
The company has a market capitalization of £138.96 million and a P/E ratio of 7.16. The stock's 50 day simple moving average is GBX 44.36 and its two-hundred day simple moving average is GBX 51.69.
Insider Buying and Selling at CAB Payments
In other CAB Payments news, insider Susanne Chishti bought 57,890 shares of CAB Payments stock in a transaction dated Wednesday, April 23rd. The shares were bought at an average price of GBX 41 ($0.56) per share, with a total value of £23,734.90 ($32,616.33). 64.28% of the stock is currently owned by insiders.
About CAB Payments
(
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.
See Also
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