CMC Markets Plc (LON:CMCX – Get Free Report) shares fell 16.8% during trading on Thursday . The stock traded as low as GBX 213 ($2.66) and last traded at GBX 220.50 ($2.75). 2,236,680 shares were traded 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).
Analyst Ratings Changes
Separately, Shore Capital restated a “hold” rating on shares of CMC Markets in a research note on Thursday.
Check Out Our Latest Stock Analysis on CMCX
CMC Markets Trading Up 0.2 %
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 net margin of 14.17% and a return on equity of 12.06%. On average, research analysts expect 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. Investors of record on Thursday, December 5th were given a GBX 3.10 ($0.04) dividend. This represents a dividend yield of 0.92%. The ex-dividend date was Thursday, December 5th. CMC Markets’s payout ratio is 4,705.88%.
Insider Buying and Selling
In other CMC Markets news, insider David Fineberg purchased 124 shares of CMC Markets stock in a transaction on Monday, January 6th. The stock was bought at an average cost of GBX 242 ($3.02) per share, with a total value of £300.08 ($374.68). Also, insider Albert Soleiman acquired 102 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was acquired at an average cost of GBX 291 ($3.63) per share, for a total transaction of £296.82 ($370.61). Insiders bought 322 shares of company stock worth $90,026 in the last 90 days. Insiders own 64.79% of the company’s stock.
CMC Markets Company Profile
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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