James Hopkinson Acquires 214,000 Shares of CAB Payments Holdings Limited (LON:CABP) Stock

CAB Payments Holdings Limited (LON:CABP) insider James Hopkinson acquired 214,000 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average price of GBX 48 ($0.62) per share, with a total value of £102,720 ($132,867.68).

CAB Payments Stock Performance

LON:CABP opened at GBX 48.90 ($0.63) on Friday. The company has a market cap of £124.23 million and a PE ratio of 6.40. CAB Payments Holdings Limited has a 52-week low of GBX 45.17 ($0.58) and a 52-week high of GBX 166.20 ($2.15). The stock has a 50-day simple moving average of GBX 58.60 and a 200 day simple moving average of GBX 80.18.

CAB Payments (LON:CABP) last posted its quarterly earnings data on Friday, March 14th. The company reported GBX 6 ($0.08) earnings per share (EPS) for the quarter. CAB Payments had a return on equity of 14.16% and a net margin of 12.21%. On average, research analysts predict that CAB Payments Holdings Limited will post 14.556213 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group lowered their price target on CAB Payments from GBX 105 ($1.36) to GBX 99 ($1.28) and set a “speculative buy” rating for the company in a report on Thursday.

About CAB Payments

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.