CAB Payments’ (CABP) “House Stock” Rating Reiterated at Shore Capital

Shore Capital restated their house stock rating on shares of CAB Payments (LON:CABP) in a research report released on Tuesday, Marketbeat.com reports.

CAB Payments Trading Down 1.2%

Shares of CABP stock opened at GBX 51 on Tuesday. CAB Payments has a 12 month low of GBX 37.30 and a 12 month high of GBX 119. The stock has a market cap of £129.47 million and a P/E ratio of 17.59. The company has a 50 day simple moving average of GBX 51.26 and a two-hundred day simple moving average of GBX 47.97.

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

CAB Payments Company Profile

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.