CAB Payments (LON:CABP) Stock Price Up 6.6%

CAB Payments Holdings Limited (LON:CABPGet Free Report)’s stock price was up 6.6% during mid-day trading on Wednesday . The stock traded as high as GBX 85.59 ($1.07) and last traded at GBX 84.30 ($1.06). Approximately 1,543,239 shares traded hands during trading, an increase of 6% from the average daily volume of 1,453,569 shares. The stock had previously closed at GBX 79.10 ($0.99).

CAB Payments Price Performance

The firm’s 50 day moving average price is GBX 77.43. The company has a market capitalization of £243.97 million and a PE ratio of 602.14.

Insider Buying and Selling

In other CAB Payments news, insider Richard Hallett bought 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The shares were bought at an average cost of GBX 93 ($1.17) per share, with a total value of £23,250 ($29,146.30). 64.38% of the stock is owned by insiders.

CAB Payments Company Profile

(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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