CAB Payments (LON:CABP) Earns “House Stock” Rating from Shore Capital Group

CAB Payments (LON:CABP)‘s stock had its “house stock” rating reissued by research analysts at Shore Capital Group in a research report issued to clients and investors on Thursday, Marketbeat.com reports.

CAB Payments Trading Up 1.3%

LON:CABP opened at GBX 81 on Thursday. The firm has a market cap of £205.63 million, a P/E ratio of 15.58 and a beta of 1.50. The stock’s 50 day simple moving average is GBX 78.08 and its 200-day simple moving average is GBX 80.75. CAB Payments has a 12-month low of GBX 46 and a 12-month high of GBX 100.

CAB Payments (LON:CABP) last posted its quarterly earnings data on Thursday, August 6th. The company reported GBX 5.40 earnings per share for the quarter. CAB Payments had a net margin of 9.04% and a return on equity of 8.74%. Research analysts forecast that CAB Payments will post 14.556213 EPS for the current fiscal 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.