CAB Payments (LON:CABP) Sets New 1-Year High – Should You Buy?

CAB Payments Holdings Limited (LON:CABP) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 94.70 and last traded at GBX 93.37, with a volume of 6719181 shares changing hands. The stock had previously closed at GBX 91.80.

CAB Payments Price Performance

The firm has a market capitalization of £237.04 million, a P/E ratio of 32.20 and a beta of 2.33. The business’s 50-day moving average is GBX 76.67 and its 200 day moving average is GBX 61.71.

CAB Payments (LON:CABP) last announced its earnings results on Thursday, March 5th. The company reported GBX 5.40 EPS for the quarter. CAB Payments had a net margin of 9.04% and a return on equity of 8.74%. Analysts anticipate that CAB Payments Holdings Limited will post 14.556213 EPS for the current fiscal year.

About CAB Payments

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.