CAB Payments Holdings Limited (LON:CABP – Get Free Report) rose 13.7% during mid-day trading on Wednesday . The stock traded as high as GBX 143.60 ($1.79) and last traded at GBX 141 ($1.76). Approximately 1,290,838 shares traded hands during trading, an increase of 9% from the average daily volume of 1,184,539 shares. The stock had previously closed at GBX 124 ($1.54).
CAB Payments Trading Up 13.7 %
The firm has a 50-day moving average of GBX 107.42 and a two-hundred day moving average of GBX 100.28. The firm has a market cap of £358.34 million and a price-to-earnings ratio of 1,410.00.
CAB Payments Company Profile
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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