Ann Cairns Buys 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 on Tuesday, November 12th. The stock was purchased at an average cost of GBX 73 ($0.94) per share, with a total value of £292,000 ($375,756.02).

CAB Payments Stock Up 3.1 %

CAB Payments stock opened at GBX 70.10 ($0.90) on Wednesday. The firm has a fifty day simple moving average of GBX 107.22 and a two-hundred day simple moving average of GBX 119.61. CAB Payments Holdings Limited has a twelve month low of GBX 51.50 ($0.66) and a twelve month high of GBX 166.20 ($2.14). The company has a market capitalization of £177.96 million and a PE ratio of 894.03.

Analyst Ratings Changes

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.