CAB Payments Holdings Limited (LON:CABP - Get Free Report) shares traded down 0.4% during trading on Thursday . The stock traded as low as GBX 52.40 ($0.70) and last traded at GBX 53 ($0.70). 311,522 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 448,991 shares. The stock had previously closed at GBX 53.20 ($0.71).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reaffirmed a "house stock" rating on shares of CAB Payments in a report on Thursday, August 14th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of GBX 99.
Check Out Our Latest Research Report on CAB Payments
CAB Payments Stock Down 1.3%
The company has a 50-day moving average of GBX 50.86 and a 200 day moving average of GBX 47.22. The firm has a market capitalization of £132.77 million and a PE ratio of 1,803.45.
CAB Payments (LON:CABP - Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported GBX 0.90 EPS for the quarter. CAB Payments had a return on equity of 14.16% and a net margin of 12.21%. As a group, equities analysts anticipate that CAB Payments Holdings Limited will post 14.556213 EPS for the current fiscal year.
About CAB Payments
(
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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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