CMC Markets Plc (LON:CMCX) Insider David Fineberg Buys 124 Shares of Stock

CMC Markets Plc (LON:CMCX) insider David Fineberg acquired 124 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were bought at an average price of GBX 242 ($3.03) per share, for a total transaction of £300.08 ($375.43).

CMC Markets Price Performance

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

CMC Markets Cuts Dividend

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

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “hold” rating on shares of CMC Markets in a research report 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.