CAB Payments’ (CABP) Buy Rating Reiterated at Shore Capital

Shore Capital restated their buy rating on shares of CAB Payments (LON:CABP) in a research note published on Thursday morning, MarketBeat reports.

CAB Payments Stock Down 6.6 %

Shares of LON:CABP opened at GBX 74.40 ($0.97) on Thursday. The firm’s 50 day moving average price is GBX 108.89 and its 200-day moving average price is GBX 120.69. CAB Payments has a twelve month low of GBX 51.50 ($0.67) and a twelve month high of GBX 166.20 ($2.16). The stock has a market capitalization of £188.87 million and a PE ratio of 930.00.

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.