CMC Markets Plc (LON:CMCX - Get Free Report)'s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 269.59 ($3.33) and traded as low as GBX 263 ($3.25). CMC Markets shares last traded at GBX 265 ($3.27), with a volume of 269,828 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "hold" rating on shares of CMC Markets in a research note on Thursday.
Read Our Latest Stock Analysis on CMCX
CMC Markets Stock Down 16.8 %
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 firm's 50 day moving average price is GBX 268.43 and its two-hundred day moving average price is GBX 299.21. The company has a market cap of £617.00 million, a P/E ratio of 1,297.06 and a beta of 0.51.
CMC Markets (LON:CMCX - Get Free Report) last posted its quarterly earnings results 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%. Equities research analysts anticipate that CMC Markets Plc will post 20.9884902 EPS for the current fiscal year.
CMC Markets Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 5th were given a GBX 3.10 ($0.04) dividend. This represents a yield of 0.92%. The ex-dividend date of this dividend was Thursday, December 5th. CMC Markets's payout ratio is 4,705.88%.
Insiders Place Their Bets
In other CMC Markets news, insider Albert Soleiman bought 96 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were bought at an average price of GBX 316 ($3.90) per share, for a total transaction of £303.36 ($374.70). Also, insider David Fineberg purchased 124 shares of the company's stock in a transaction that occurred on Monday, January 6th. The stock was acquired at an average cost of GBX 242 ($2.99) per share, for a total transaction of £300.08 ($370.65). Over the last quarter, insiders have bought 322 shares of company stock worth $90,026. Corporate insiders own 64.79% of the company's stock.
About CMC Markets
(
Get Free Report)
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.
See Also
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