CMC Markets (LON:CMCX) Earns Hold Rating from Shore Capital

Shore Capital restated their hold rating on shares of CMC Markets (LON:CMCX - Free Report) in a research note published on Thursday, Marketbeat Ratings reports.

CMC Markets Stock Down 16.8 %

CMCX traded down GBX 44.50 ($0.55) during trading on Thursday, hitting GBX 220.50 ($2.71). The company had a trading volume of 2,236,680 shares, compared to its average volume of 963,157. CMC Markets has a 1-year low of GBX 131.90 ($1.62) and a 1-year high of GBX 349 ($4.30). The company has a debt-to-equity ratio of 5.95, a current ratio of 2.00 and a quick ratio of 2.47. The company has a market cap of £617.00 million, a PE ratio of 1,297.06 and a beta of 0.51. The business has a 50-day moving average of GBX 269.59 and a 200-day moving average of GBX 299.73.

CMC Markets (LON:CMCX - Get Free Report) last announced its quarterly earnings data on Thursday, November 21st. The company reported GBX 12.80 ($0.16) earnings per share for the quarter. CMC Markets had a net margin of 14.17% and a return on equity of 12.06%. As a group, analysts forecast that CMC Markets will post 20.9884902 earnings per share for the current year.

CMC Markets Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 5th were given a dividend of GBX 3.10 ($0.04) per share. The ex-dividend date was Thursday, December 5th. This represents a dividend yield of 0.92%. CMC Markets's dividend payout ratio (DPR) is 4,705.88%.

Insider Activity at CMC Markets

In other news, insider David Fineberg bought 124 shares of the firm's stock in a transaction on Monday, January 6th. The stock was bought at an average cost of GBX 242 ($2.98) per share, for a total transaction of £300.08 ($369.42). Also, insider Albert Soleiman bought 102 shares of the firm's stock in a transaction dated Thursday, December 5th. The stock was acquired at an average cost of GBX 291 ($3.58) per share, with a total value of £296.82 ($365.41). Insiders have purchased 322 shares of company stock worth $90,026 over the last quarter. 64.79% of the stock is currently owned by company insiders.

About CMC Markets

CMC is a leading global provider of online trading and investing, with a comprehensive retail, professional and institutional offering. The business was started in 1989 with a simple ethos: to make financial markets truly accessible for investors. We are proud of our strong heritage and our successful 30-year track record as an innovator at the forefront of enabling digital trading for our clients.