CAB Payments Holdings Limited (LON:CABP) Insider James Hopkinson Buys 214,000 Shares

CAB Payments Holdings Limited (LON:CABP) insider James Hopkinson acquired 214,000 shares of the stock in a transaction dated Thursday, March 13th. The shares were purchased at an average price of GBX 48 ($0.62) per share, for a total transaction of £102,720 ($132,781.80).

CAB Payments Trading Up 5.0 %

CABP opened at GBX 48.90 ($0.63) on Monday. The stock has a market cap of £124.23 million and a PE ratio of 6.40. CAB Payments Holdings Limited has a 1 year low of GBX 45.17 ($0.58) and a 1 year high of GBX 166.20 ($2.15). The stock’s 50 day simple moving average is GBX 58.60 and its 200-day simple moving average is GBX 79.94.

CAB Payments (LON:CABP) last announced its quarterly earnings results on Friday, March 14th. The company reported GBX 6 ($0.08) EPS for the quarter. CAB Payments had a return on equity of 14.16% and a net margin of 12.21%. Equities analysts forecast that CAB Payments Holdings Limited will post 14.556213 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered their price objective on CAB Payments from GBX 105 ($1.36) to GBX 99 ($1.28) and set a “speculative buy” rating on the stock in a research report on Thursday.

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.