CMC Markets Plc (LON:CMCX - Get Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 275.35 ($3.37) and traded as low as GBX 236.50 ($2.89). CMC Markets shares last traded at GBX 241.50 ($2.96), with a volume of 162,419 shares.
Analysts Set New Price Targets
Separately, Shore Capital restated a "hold" rating on shares of CMC Markets in a report on Thursday, November 21st.
View Our Latest Analysis on CMCX
CMC Markets Stock Up 3.9 %
The firm's 50 day simple moving average is GBX 274.12 and its 200 day simple moving average is GBX 301.48. The company has a market cap of £702.35 million, a price-to-earnings ratio of 1,476.47 and a beta of 0.51. The company has a quick ratio of 2.47, a current ratio of 2.00 and a debt-to-equity ratio of 5.95.
CMC Markets Cuts Dividend
The firm 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 dividend payout ratio is currently 4,705.88%.
Insiders Place Their Bets
In related news, insider Albert Soleiman acquired 96 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were acquired at an average price of GBX 316 ($3.87) per share, for a total transaction of £303.36 ($371.31). Also, insider David Fineberg purchased 124 shares of the firm's stock in a transaction on Monday, January 6th. The shares were purchased at an average cost of GBX 242 ($2.96) per share, with a total value of £300.08 ($367.29). In the last quarter, insiders acquired 322 shares of company stock worth $90,026. 64.79% of the stock is owned by company insiders.
About CMC Markets
(
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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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