CMC Markets Plc (LON:CMCX – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 314.24 ($4.20) and traded as low as GBX 299 ($4.00). CMC Markets shares last traded at GBX 303.50 ($4.06), with a volume of 154,162 shares.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on CMCX shares. Shore Capital reaffirmed a “hold” rating on shares of CMC Markets in a research report on Thursday, July 25th. Canaccord Genuity Group reiterated a “sell” rating and issued a GBX 192 ($2.57) target price on shares of CMC Markets in a report on Tuesday, June 18th.
View Our Latest Stock Report on CMC Markets
CMC Markets Trading Up 2.1 %
Insider Transactions at CMC Markets
In other news, insider Matthew Lewis sold 25,863 shares of the business’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of GBX 312 ($4.17), for a total transaction of £80,692.56 ($107,935.47). In related news, insider David Fineberg sold 13,711 shares of the firm’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of GBX 317 ($4.24), for a total value of £43,463.87 ($58,137.87). Also, insider Matthew Lewis sold 25,863 shares of CMC Markets stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of GBX 312 ($4.17), for a total value of £80,692.56 ($107,935.47). Insiders own 64.79% of the company’s stock.
About CMC Markets
CMC Markets plc, together with its subsidiaries, provides online retail financial services to retail, professional, stockbroking, and institutional clients in the United Kingdom, Ireland, Europe, Australia, New Zealand, Singapore, Canada, and internationally. The company offers its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, including indices, foreign currencies, commodities, and treasuries through its trading platform.
Read More
- Five stocks we like better than CMC Markets
- Find and Profitably Trade Stocks at 52-Week Lows
- 3 Small-Cap Stocks on the Way to Bigger and Better Days
- EV Stocks and How to Profit from Them
- MarketBeat Week in Review – 9/30 – 10/4
- Trading Stocks: RSI and Why it’s Useful
- Top Streaming Companies: Who’s Winning the Battle?
Receive News & Ratings for CMC Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMC Markets and related companies with MarketBeat.com's FREE daily email newsletter.