Shore Capital Reaffirms “Buy” Rating for CAB Payments (LON:CABP)

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

CAB Payments Trading Down 6.6 %

CAB Payments stock opened at GBX 74.40 ($0.97) on Thursday. CAB Payments has a 1-year low of GBX 51.50 ($0.67) and a 1-year high of GBX 166.20 ($2.16). The firm has a market cap of £188.87 million and a P/E ratio of 930.00. The firm has a 50-day moving average of GBX 108.89 and a 200-day moving average of GBX 120.85.

About CAB Payments

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.