Ann Cairns Acquires 400,000 Shares of CAB Payments Holdings Limited (LON:CABP) Stock

CAB Payments Holdings Limited (LON:CABP) insider Ann Cairns bought 400,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average price of GBX 73 ($0.94) per share, with a total value of £292,000 ($375,756.02).

CAB Payments Stock Up 2.1 %

Shares of CABP opened at GBX 72.70 ($0.94) on Friday. The stock’s 50-day moving average price is GBX 105.87 and its 200 day moving average price is GBX 118.82. CAB Payments Holdings Limited has a 12-month low of GBX 51.50 ($0.66) and a 12-month high of GBX 166.20 ($2.14). The firm has a market capitalization of £184.56 million and a price-to-earnings ratio of 908.75.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of CAB Payments in a report on Thursday, November 7th.

About CAB Payments

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.