CAB Payments Holdings Limited (LON:CABP – Get Free Report) insider Ann Cairns purchased 400,000 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was purchased at an average cost of GBX 73 ($0.94) per share, for a total transaction of £292,000 ($375,756.02).
CAB Payments Trading Up 3.1 %
CABP stock opened at GBX 70.10 ($0.90) on Wednesday. The company’s 50 day moving average is GBX 107.22 and its 200 day moving average is GBX 119.61. The stock has a market cap of £177.96 million and a price-to-earnings ratio of 894.03. CAB Payments Holdings Limited has a 1-year low of GBX 51.50 ($0.66) and a 1-year high of GBX 166.20 ($2.14).
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a “buy” rating on shares of CAB Payments in a research report on Thursday, November 7th.
CAB Payments Company Profile
CAB Payments Holdings Limited, through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, development organizations, and governments in the United Kingdom and internationally. The company offers EMpower FX, an end-to-end automated payments gateway for cross-border payments; EMpower Payments, a digital platform for day-to-day exposures in FX; EMpower Connect, a bank oriented service for making hard currency payments; and EMpower Pensions, a pension payment full service platform.
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