CAB Payments Holdings Limited (LON:CABP – Get Free Report) shares shot up 5% on Thursday . The company traded as high as GBX 107.59 ($1.44) and last traded at GBX 105.20 ($1.41). 321,517 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 857,127 shares. The stock had previously closed at GBX 100.20 ($1.34).
Analyst Ratings Changes
Separately, Shore Capital reaffirmed a “buy” rating on shares of CAB Payments in a report on Thursday, September 5th.
Read Our Latest Stock Analysis on CAB Payments
CAB Payments Stock Up 0.4 %
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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