Free Trial

CMC Markets (LON:CMCX) Shares Down 16.8% - Here's What Happened

CMC Markets logo with Financial Services background

CMC Markets Plc (LON:CMCX - Get Free Report) traded down 16.8% during trading on Friday . The company traded as low as GBX 213 ($2.66) and last traded at GBX 220.50 ($2.75). 2,236,680 shares traded hands during trading, an increase of 132% from the average session volume of 963,157 shares. The stock had previously closed at GBX 265 ($3.31).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a "hold" rating on shares of CMC Markets in a report on Thursday.

Check Out Our Latest Stock Report on CMC Markets

CMC Markets Price Performance

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 stock has a market cap of £618.40 million, a PE ratio of 1,300.00 and a beta of 0.51. The stock has a 50 day moving average of GBX 264.66 and a two-hundred day moving average of GBX 297.73.

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 analysts anticipate that CMC Markets Plc will post 20.9884902 EPS for the current year.

CMC Markets Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 5th were paid 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 currently 4,705.88%.

Insider Transactions at CMC Markets

In other CMC Markets news, insider David Fineberg purchased 124 shares of the business's stock in a transaction on Monday, January 6th. The stock was purchased at an average price of GBX 242 ($3.02) per share, for a total transaction of £300.08 ($374.68). Also, insider Albert Soleiman purchased 102 shares of the firm's stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average cost of GBX 291 ($3.63) per share, for a total transaction of £296.82 ($370.61). In the last 90 days, insiders have purchased 322 shares of company stock worth $90,026. 64.79% of the stock is currently owned by company insiders.

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.

Further Reading

Should You Invest $1,000 in CMC Markets Right Now?

Before you consider CMC Markets, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CMC Markets wasn't on the list.

While CMC Markets currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir’s Explosive Growth: Buy Now or Wait for a Dip?
5 Stocks to BUY NOW in February 2025
How To Invest in Crypto as A Complete BEGINNER in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines