CAB Payments (LON:CABP) Shares Up 1.3% – Here’s What Happened

CAB Payments Holdings Limited (LON:CABPGet Free Report)’s share price shot up 1.3% during mid-day trading on Friday . The stock traded as high as GBX 78.50 and last traded at GBX 78.50. 77,761 shares traded hands during trading, a decline of 80% from the average session volume of 381,836 shares. The stock had previously closed at GBX 77.50.

CAB Payments Price Performance

The company has a fifty day moving average of GBX 82.71 and a 200-day moving average of GBX 75.84. The firm has a market cap of £199.28 million, a P/E ratio of 15.10 and a beta of 1.53.

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.

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