CMC Markets Plc (LON:CMCX - Get Free Report)'s share price traded down 8% on Thursday . The stock traded as low as GBX 231.66 ($2.85) and last traded at GBX 243.75 ($3.00). 508,483 shares changed hands during trading, a decline of 41% from the average session volume of 855,145 shares. The stock had previously closed at GBX 265 ($3.26).
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "hold" rating on shares of CMC Markets in a research note on Thursday.
Check Out Our Latest Stock Report on CMC Markets
CMC Markets Trading Down 16.8 %
The stock has a market cap of £617.00 million, a price-to-earnings ratio of 1,297.06 and a beta of 0.51. The business has a 50-day simple moving average of GBX 268.43 and a two-hundred day simple moving average of GBX 299.21. The company has a debt-to-equity ratio of 5.95, a current ratio of 2.00 and a quick ratio of 2.47.
CMC Markets (LON:CMCX - Get Free Report) last issued 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%. Equities analysts forecast that CMC Markets Plc will post 20.9884902 EPS for the current fiscal year.
CMC Markets Cuts Dividend
The company also recently disclosed 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. This represents a yield of 0.92%. The ex-dividend date was Thursday, December 5th. CMC Markets's payout ratio is 4,705.88%.
Insiders Place Their Bets
In other news, insider Albert Soleiman acquired 96 shares of CMC Markets stock in a transaction on Tuesday, November 5th. The shares were purchased at an average cost of GBX 316 ($3.89) per share, for a total transaction of £303.36 ($373.46). Also, insider David Fineberg bought 124 shares of the company's stock in a transaction dated Monday, January 6th. The stock was purchased at an average price of GBX 242 ($2.98) per share, with a total value of £300.08 ($369.42). Insiders acquired 322 shares of company stock worth $90,026 in the last quarter. 64.79% of the stock is currently owned by corporate insiders.
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.
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