Shares of CMC Markets Plc (LON:CMCX - Get Free Report) fell 16.8% during trading on Thursday . The stock traded as low as GBX 213 ($2.63) and last traded at GBX 220.50 ($2.72). 2,236,680 shares traded hands during mid-day trading, an increase of 132% from the average session volume of 963,157 shares. The stock had previously closed at GBX 265 ($3.27).
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "hold" rating on shares of CMC Markets in a research report on Thursday.
View Our Latest Analysis on CMCX
CMC Markets Stock Performance
The company has a debt-to-equity ratio of 5.95, a current ratio of 2.00 and a quick ratio of 2.47. The company'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 capitalization of £617.00 million, a price-to-earnings ratio of 1,297.06 and a beta of 0.51.
CMC Markets (LON:CMCX - Get Free Report) last announced its earnings results on Thursday, November 21st. The company reported GBX 12.80 ($0.16) EPS for the quarter. CMC Markets had a return on equity of 12.06% and a net margin of 14.17%. On average, 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. Stockholders of record on Thursday, December 5th were paid a GBX 3.10 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a dividend yield of 0.92%. CMC Markets's dividend payout ratio is presently 4,705.88%.
Insiders Place Their Bets
In other CMC Markets news, insider Albert Soleiman bought 96 shares of the firm's stock in a transaction dated Tuesday, November 5th. The stock was bought at an average cost of GBX 316 ($3.90) per share, with a total value of £303.36 ($374.70). Also, insider David Fineberg purchased 124 shares of the business's stock in a transaction on Monday, January 6th. The shares were bought at an average price of GBX 242 ($2.99) per share, with a total value 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.
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