Insider Buying: CMC Markets Plc (LON:CMCX) Insider Acquires 124 Shares of Stock

CMC Markets Plc (LON:CMCX) insider David Fineberg purchased 124 shares of CMC Markets stock in a transaction on Monday, January 6th. The shares were acquired at an average price of GBX 242 ($3.03) per share, with a total value of £300.08 ($375.43).

CMC Markets Trading Down 0.6 %

Shares of CMCX opened at GBX 244.50 ($3.06) on Tuesday. The business’s 50-day moving average price is GBX 284.30 and its 200 day moving average price is GBX 304.02. The stock has a market capitalization of £684.16 million, a P/E ratio of 1,438.24 and a beta of 0.51. The company has a current ratio of 2.00, a quick ratio of 2.47 and a debt-to-equity ratio of 5.95. CMC Markets Plc has a 1-year low of GBX 125.76 ($1.57) and a 1-year high of GBX 349 ($4.37).

CMC Markets Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 5th will be issued a GBX 3.10 ($0.04) dividend. The ex-dividend date is Thursday, December 5th. This represents a dividend yield of 0.92%. CMC Markets’s dividend payout ratio is 4,705.88%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of CMC Markets in a research note on Thursday, November 21st.

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.