CAB Payments (LON:CABP) Trading 9.7% Higher

CAB Payments Holdings Limited (LON:CABPGet Free Report)’s stock price shot up 9.7% during mid-day trading on Thursday . The company traded as high as GBX 134 ($1.70) and last traded at GBX 132.24 ($1.68). 361,110 shares were traded during mid-day trading, a decline of 60% from the average session volume of 913,852 shares. The stock had previously closed at GBX 120.60 ($1.53).

CAB Payments Stock Performance

The company has a 50 day moving average of GBX 141.43 and a 200 day moving average of GBX 108.67. The stock has a market capitalization of £342.07 million and a price-to-earnings ratio of 1,282.80.

About CAB Payments

(Get Free Report)

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.

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