CAB Payments Holdings Limited (LON:CABP – Get Free Report) rose 5.5% during mid-day trading on Friday . The stock traded as high as GBX 103.27 ($1.31) and last traded at GBX 100.20 ($1.27). Approximately 1,353,862 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 1,479,494 shares. The stock had previously closed at GBX 95 ($1.20).
CAB Payments Stock Performance
The stock has a fifty day simple moving average of GBX 90.51. The firm has a market cap of £254.65 million and a PE ratio of 715.71.
Insider Buying and Selling
In other news, insider Richard Hallett acquired 25,000 shares of the stock in a transaction on Tuesday, January 16th. The stock was acquired at an average price of GBX 93 ($1.18) per share, with a total value of £23,250 ($29,490.11). 64.34% of the stock is currently owned by corporate insiders.
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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