CAB Payments (LON:CABP) Stock Rating Reaffirmed by Shore Capital

CAB Payments (LON:CABP)‘s stock had its “buy” rating reiterated by Shore Capital in a report released on Thursday, LSE.Co.UK reports.

CAB Payments Price Performance

Shares of CAB Payments stock opened at GBX 99.90 ($1.31) on Thursday. CAB Payments has a one year low of GBX 46.10 ($0.61) and a one year high of GBX 285.50 ($3.75). The stock’s 50-day moving average is GBX 110.17 and its 200 day moving average is GBX 120.92. The firm has a market cap of £253.61 million and a price-to-earnings ratio of 999.00.

About CAB Payments

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.