CAB Payments (LON:CABP) Earns “Buy” Rating from Shore Capital

Shore Capital restated their buy rating on shares of CAB Payments (LON:CABP) in a research report sent to investors on Wednesday, Marketbeat.com reports.

CAB Payments Stock Down 0.2 %

CAB Payments stock opened at GBX 113.40 ($1.50) on Wednesday. The business has a fifty day moving average of GBX 113.26 and a two-hundred day moving average of GBX 120.99. The firm has a market cap of £288.19 million and a P/E ratio of 1,134.00. CAB Payments has a twelve month low of GBX 46.10 ($0.61) and a twelve month high of GBX 287.50 ($3.79).

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.