CMC Markets Plc (LON:CMCX - Get Free Report) fell 16.8% during mid-day trading on Friday . The stock traded as low as GBX 213 ($2.66) and last traded at GBX 220.50 ($2.75). 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 ($3.31).
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a "hold" rating on shares of CMC Markets in a research report on Thursday.
Get Our Latest Stock Report on CMCX
CMC Markets Price Performance
The company has a 50 day moving average price of GBX 264.66 and a 200 day moving average price of GBX 297.73. 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 firm has a market cap of £618.40 million, a PE ratio of 1,300.00 and a beta of 0.51.
CMC Markets (LON:CMCX - Get Free Report) last announced its quarterly earnings data on Thursday, November 21st. The company reported GBX 12.80 ($0.16) EPS for the quarter. CMC Markets had a net margin of 14.17% and a return on equity of 12.06%. Sell-side analysts expect that CMC Markets Plc will post 20.9884902 EPS for the current fiscal year.
CMC Markets Cuts Dividend
The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Thursday, December 5th were issued a dividend of GBX 3.10 ($0.04) per share. This represents a yield of 0.92%. The ex-dividend date of this dividend was Thursday, December 5th. CMC Markets's dividend payout ratio is currently 4,705.88%.
Insider Activity
In related news, insider David Fineberg bought 124 shares of CMC Markets stock in a transaction that occurred on Monday, January 6th. The shares were purchased at an average price of GBX 242 ($3.02) per share, with a total value of £300.08 ($374.68). Also, insider Albert Soleiman purchased 102 shares of the business's stock in a transaction dated Thursday, December 5th. The stock was bought at an average cost of GBX 291 ($3.63) per share, with a total value of £296.82 ($370.61). In the last three months, insiders purchased 322 shares of company stock worth $90,026. Company insiders own 64.79% of the company's stock.
About CMC Markets
(
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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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