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CMC Markets (LON:CMCX) Sets New 52-Week High - Should You Buy?

CMC Markets logo with Financial Services background

CMC Markets Plc (LON:CMCX - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 349 ($4.42) and last traded at GBX 333.50 ($4.22), with a volume of 253988 shares traded. The stock had previously closed at GBX 338.50 ($4.28).

Analysts Set New Price Targets

Separately, Shore Capital reissued a "hold" rating on shares of CMC Markets in a research note on Thursday, July 25th.

Read Our Latest Stock Analysis on CMC Markets

CMC Markets Trading Down 12.9 %

The company has a debt-to-equity ratio of 5.95, a quick ratio of 2.47 and a current ratio of 2.00. The company has a market capitalization of £825.47 million, a P/E ratio of 1,735.29 and a beta of 0.51. The company's fifty day simple moving average is GBX 313.74 and its 200-day simple moving average is GBX 304.41.

Insider Transactions at CMC Markets

In related news, insider David Fineberg sold 13,711 shares of the business's stock in a transaction on Friday, August 30th. The stock was sold at an average price of GBX 317 ($4.01), for a total transaction of £43,463.87 ($54,996.67). Also, insider Albert Soleiman bought 96 shares of CMC Markets stock in a transaction that occurred on Tuesday, November 5th. The shares were acquired at an average cost of GBX 316 ($4.00) per share, for a total transaction of £303.36 ($383.85). In the last three months, insiders purchased 288 shares of company stock valued at $89,922. Corporate insiders own 64.79% of the company's stock.

About CMC Markets

(Get Free Report)

CMC Markets plc, together with its subsidiaries, provides online retail financial services to retail, professional, stockbroking, and institutional clients in the United Kingdom, Ireland, Europe, Australia, New Zealand, Singapore, Canada, and internationally. The company offers its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, including indices, foreign currencies, commodities, and treasuries through its trading platform.

See Also

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