CAB Payments (LON:CABP) Stock Price Up 12.1% – Here’s What Happened

CAB Payments Holdings Limited (LON:CABP)’s stock price was up 12.1% during trading on Thursday . The company traded as high as GBX 75.70 and last traded at GBX 74. Approximately 3,116,519 shares were traded during mid-day trading, an increase of 415% from the average daily volume of 605,161 shares. The stock had previously closed at GBX 66.

More CAB Payments News

Here are the key news stories impacting CAB Payments this week:

• Positive Sentiment: Management expects FY25 results to exceed market forecasts, citing strong growth — a clear positive catalyst for revenue and earnings outlook. Article Title Article Title
• Neutral Sentiment: Trading metrics show elevated activity: intraday volume (~4.27M shares) well above the ~938k average. The stock sits above its 50-day (GBX 58.25) and 200-day (GBX 53.16) moving averages, market cap ~£183m and a P/E ~24.9 — signals investors can use to assess momentum and valuation.
• Negative Sentiment: Price weakness despite positive guidance may reflect profit‑taking after a recent run toward a 12‑month high (GBX 77.25), short‑term volatility on heavy intraday volume, or investor caution about valuation and execution risk ahead of confirmed results.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of CAB Payments in a research report on Tuesday, October 28th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 99.

CAB Payments Stock Performance

The company’s fifty day moving average price is GBX 58.67 and its 200-day moving average price is GBX 53.34. The stock has a market cap of £183.42 million and a P/E ratio of 24.91.

Insider Activity

In other CAB Payments news, insider Kushagra (‘Kush’) Saxena bought 97,861 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was acquired at an average price of GBX 51 per share, for a total transaction of £49,909.11. 1.17% of the stock is owned by company insiders.

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.