CAB Payments Holdings Limited (LON:CABP - Get Free Report) insider James Hopkinson bought 214,000 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average price of GBX 48 ($0.62) per share, for a total transaction of £102,720 ($132,867.68).
CAB Payments Price Performance
LON CABP opened at GBX 48.90 ($0.63) on Friday. The company's fifty day moving average is GBX 58.60 and its two-hundred day moving average is GBX 80.45. CAB Payments Holdings Limited has a 52-week low of GBX 45.17 ($0.58) and a 52-week high of GBX 166.20 ($2.15). The firm has a market capitalization of £124.23 million and a price-to-earnings ratio of 6.40.
CAB Payments (LON:CABP - Get Free Report) last issued its earnings results on Friday, March 14th. The company reported GBX 6 ($0.08) 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, sell-side analysts expect that CAB Payments Holdings Limited will post 14.556213 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group decreased their price target on shares of CAB Payments from GBX 105 ($1.36) to GBX 99 ($1.28) and set a "speculative buy" rating on the stock in a research report on Thursday.
Read Our Latest Research Report on CAB Payments
CAB Payments Company Profile
(
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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.
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