Automatic Bank Services Limited (ABANF)
Automatic Bank Services Limited operates in the Software - Infrastructure industry of the Technology sector, headquartered in Holon, TA, IL. The stock last traded at $6.72, down 15.31% on the session, giving a market capitalisation of $269.9M. On trailing twelve-month figures it carries a trailing P/E of 22.07, a net margin of 23.3%. Its beta of 0.63 implies it has historically moved less than the broad market.
Automatic Bank Services Limited (ABS) manages critical payment infrastructure within Israel, specifically handling systems for international debit cards. The company also acts as a foundational clearing house for credit card transactions, partnering with numerous credit firms in both clearing and card issuance capacities. Beyond these core functions, ABS engages with distributors, manufacturers, and various businesses, providing essential services to support the broader financial ecosystem. It further enhances payment security and functionality by enabling the confirmation switch on ATM devices. ABS maintains its headquarters in Holon, Israel.
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