CAB Payments (LON:CABP) Receives House Stock Rating from Shore Capital

CAB Payments (LON:CABP)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital in a research note issued to investors on Thursday, MarketBeat Ratings reports.

CAB Payments Stock Performance

Shares of LON:CABP opened at GBX 51.60 ($0.70) on Thursday. The business’s fifty day moving average price is GBX 46.69 and its two-hundred day moving average price is GBX 47.96. The stock has a market cap of £131.08 million and a PE ratio of 6.76. CAB Payments has a one year low of GBX 37.30 ($0.51) and a one year high of GBX 132.80 ($1.80).

CAB Payments (LON:CABP) last posted its quarterly earnings data on Thursday, August 14th. The company reported GBX 0.90 ($0.01) earnings per share (EPS) for the quarter. CAB Payments had a return on equity of 14.16% and a net margin of 12.21%. As a group, equities research analysts predict that CAB Payments will post 14.556213 earnings per share for the current fiscal year.

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.