CMC Markets Plc (LON:CMCX - Get Free Report)'s stock price traded down 17.9% during mid-day trading on Thursday . The company traded as low as GBX 217.50 ($2.69) and last traded at GBX 217.50 ($2.69). 1,458,474 shares changed hands during mid-day trading, an increase of 59% from the average session volume of 914,520 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 note on Thursday.
Get Our Latest Analysis on CMCX
CMC Markets Stock Performance
The company has a current ratio of 2.00, a quick ratio of 2.47 and a debt-to-equity ratio of 5.95. The stock's 50-day moving average price is GBX 268.43 and its 200-day moving average price is GBX 299.21. The company has a market capitalization of £617.00 million, a P/E ratio of 1,297.06 and a beta of 0.51.
CMC Markets (LON:CMCX - Get Free Report) last released its earnings results on Thursday, November 21st. The company reported GBX 12.80 ($0.16) earnings per share for the quarter. CMC Markets had a return on equity of 12.06% and a net margin of 14.17%. As a group, equities analysts expect that CMC Markets Plc will post 20.9884902 EPS for the current year.
CMC Markets Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, January 9th. Shareholders 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 currently 4,705.88%.
Insider Activity at CMC Markets
In other news, insider David Fineberg purchased 124 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were purchased at an average cost of GBX 242 ($2.99) per share, for a total transaction of £300.08 ($370.65). Also, insider Albert Soleiman purchased 102 shares of the stock in a transaction on Thursday, December 5th. The stock was acquired at an average cost of GBX 291 ($3.59) per share, for a total transaction of £296.82 ($366.63). In the last 90 days, insiders acquired 322 shares of company stock valued at $90,026. 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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