CMC Markets (LON:CMCX) Stock Price Down 16.8% – Here’s What Happened

CMC Markets Plc (LON:CMCXGet 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 %

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 stock has a market cap of £618.40 million, a price-to-earnings ratio of 1,300.00 and a beta of 0.51. The company’s fifty day moving average price is GBX 264.66 and its 200-day moving average price is GBX 297.73.

CMC Markets (LON:CMCXGet 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

(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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