Shares of CMC Markets Plc (LON:CMCX - Get Free Report) were down 16.8% on Thursday . The company traded as low as GBX 213 ($2.63) and last traded at GBX 220.50 ($2.72). Approximately 2,236,680 shares were traded during trading, an increase of 132% from the average daily volume of 963,157 shares. The stock had previously closed at GBX 265 ($3.27).
Analyst Ratings Changes
Separately, Shore Capital restated a "hold" rating on shares of CMC Markets in a report on Thursday.
Check Out Our Latest Stock Analysis on CMC Markets
CMC Markets Stock Up 0.2 %
The company has a 50-day simple moving average of GBX 268.43 and a 200 day simple moving average of GBX 299.21. 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 company has a market cap of £618.40 million, a P/E ratio of 1,300.00 and a beta of 0.51.
CMC Markets (LON:CMCX - Get Free Report) last issued 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%. On average, equities analysts anticipate that CMC Markets Plc will post 20.9884902 EPS for the current year.
CMC Markets Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 5th were paid a GBX 3.10 ($0.04) dividend. This represents a yield of 0.92%. The ex-dividend date was Thursday, December 5th. CMC Markets's dividend payout ratio (DPR) is 4,705.88%.
Insider Buying and Selling at CMC Markets
In other news, insider Albert Soleiman acquired 96 shares of the business's stock in a transaction dated Tuesday, November 5th. The shares were purchased at an average price of GBX 316 ($3.90) per share, with a total value of £303.36 ($374.70). Also, insider David Fineberg bought 124 shares of the firm's 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, with a total value of £300.08 ($370.65). In the last 90 days, insiders have purchased 322 shares of company stock valued at $90,026. 64.79% of the stock is currently owned by corporate insiders.
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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