CAB Payments (LON:CABP) Shares Down 0.6% – Here’s Why

CAB Payments Holdings Limited (LON:CABPGet Free Report)’s stock price traded down 0.6% during mid-day trading on Thursday . The company traded as low as GBX 76.50 and last traded at GBX 76.50. 212,126 shares were traded during trading, a decline of 42% from the average daily volume of 364,259 shares. The stock had previously closed at GBX 77.

CAB Payments Price Performance

The firm has a 50-day moving average price of GBX 79.26 and a 200 day moving average price of GBX 78.81. The company has a market cap of £194.21 million, a price-to-earnings ratio of 14.71 and a beta of 1.50.

About CAB Payments

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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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