CMC Markets Plc (LON:CMCX - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 247.33 ($3.12) and traded as low as GBX 218 ($2.75). CMC Markets shares last traded at GBX 221.50 ($2.79), with a volume of 195,300 shares trading hands.
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "hold" rating on shares of CMC Markets in a research note on Thursday, January 23rd.
Read Our Latest Analysis on CMC Markets
CMC Markets Stock Performance
The company has a debt-to-equity ratio of 4.19, a quick ratio of 2.47 and a current ratio of 2.18. The stock has a fifty day simple moving average of GBX 243.09 and a two-hundred day simple moving average of GBX 286.85. The stock has a market capitalization of £605.71 million, a price-to-earnings ratio of 1.84 and a beta of 0.51.
CMC Markets (LON:CMCX - Get Free Report) last issued its quarterly earnings results on Thursday, November 21st. The company reported GBX 12.80 ($0.16) earnings per share (EPS) for the quarter. CMC Markets had a return on equity of 86.11% and a net margin of 95.92%. Analysts forecast that CMC Markets Plc will post 20.9884902 earnings per share 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 6.75%.
Insiders Place Their Bets
In other CMC Markets news, insider Albert Soleiman acquired 102 shares of CMC Markets stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of GBX 291 ($3.67) per share, for a total transaction of £296.82 ($374.49). Also, insider David Fineberg bought 124 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was acquired at an average price of GBX 242 ($3.05) per share, for a total transaction of £300.08 ($378.60). Over the last quarter, insiders have bought 358 shares of company stock worth $89,522. Corporate insiders own 64.79% of the company's stock.
CMC Markets Company Profile
(
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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