CAB Payments (LON:CABP) Trading Up 12.1% – Should You Buy?

CAB Payments Holdings Limited (LON:CABP) shares shot up 12.1% during mid-day trading on Thursday . The company traded as high as GBX 75.70 and last traded at GBX 74. 3,116,519 shares changed hands during mid-day trading, an increase of 415% from the average session volume of 605,161 shares. The stock had previously closed at GBX 66.

Key Headlines Impacting CAB Payments

Here are the key news stories impacting CAB Payments this week:

• Positive Sentiment: Management expects FY25 results to exceed market forecasts, citing strong growth — a clear positive catalyst for revenue and earnings outlook. Article Title Article Title
• Neutral Sentiment: Trading metrics show elevated activity: intraday volume (~4.27M shares) well above the ~938k average. The stock sits above its 50-day (GBX 58.25) and 200-day (GBX 53.16) moving averages, market cap ~£183m and a P/E ~24.9 — signals investors can use to assess momentum and valuation.
• Negative Sentiment: Price weakness despite positive guidance may reflect profit‑taking after a recent run toward a 12‑month high (GBX 77.25), short‑term volatility on heavy intraday volume, or investor caution about valuation and execution risk ahead of confirmed results.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of CAB Payments in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 99.

CAB Payments Stock Down 2.4%

The stock has a fifty day moving average price of GBX 58.67 and a two-hundred day moving average price of GBX 53.34. The company has a market capitalization of £183.42 million and a price-to-earnings ratio of 24.91.

Insiders Place Their Bets

In other news, insider Kushagra (‘Kush’) Saxena bought 97,861 shares of CAB Payments stock in a transaction on Wednesday, November 12th. The shares were bought at an average cost of GBX 51 per share, for a total transaction of £49,909.11. Insiders own 1.17% of the company’s stock.

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.