CAB Payments Holdings Limited (LON:CABP - Get Free Report) insider Susanne Chishti bought 57,890 shares of the firm's stock in a transaction that occurred on Wednesday, April 23rd. The stock was bought at an average price of GBX 41 ($0.55) per share, with a total value of £23,734.90 ($31,659.20).
CAB Payments Price Performance
CAB Payments stock opened at GBX 43 ($0.57) on Friday. The firm's 50 day simple moving average is GBX 47.71 and its 200-day simple moving average is GBX 67.85. CAB Payments Holdings Limited has a fifty-two week low of GBX 37.30 ($0.50) and a fifty-two week high of GBX 166.20 ($2.22). The company has a market cap of £109.24 million and a P/E ratio of 5.63.
CAB Payments (LON:CABP - Get Free Report) last released its earnings results on Friday, March 14th. The company reported GBX 6 ($0.08) earnings per share (EPS) for the quarter. CAB Payments had a net margin of 12.21% and a return on equity of 14.16%. On average, analysts expect that CAB Payments Holdings Limited will post 14.556213 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on CABP. Canaccord Genuity Group dropped their price target on CAB Payments from GBX 105 ($1.40) to GBX 99 ($1.32) and set a "speculative buy" rating on the stock in a report on Thursday, March 13th. Shore Capital reaffirmed a "house stock" rating on shares of CAB Payments in a research report on Tuesday, April 15th.
Get Our Latest Stock Report on CABP
CAB Payments Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
