Insider Buying: CMC Markets Plc (LON:CMCX) Insider Acquires £296.94 in Stock

CMC Markets Plc (LON:CMCX) insider Albert Soleiman purchased 98 shares of the firm’s stock in a transaction on Monday, October 7th. The stock was bought at an average price of GBX 303 ($3.97) per share, with a total value of £296.94 ($388.61).

Albert Soleiman also recently made the following trade(s):

• On Monday, August 5th, Albert Soleiman bought 108 shares of CMC Markets stock. The shares were purchased at an average cost of GBX 282 ($3.69) per share, for a total transaction of £304.56 ($398.59).

CMC Markets Stock Performance

Shares of CMCX opened at GBX 319 ($4.17) on Wednesday. The firm has a market cap of £892.63 million, a price-to-earnings ratio of 1,882.35 and a beta of 0.51. The company has a quick ratio of 2.47, a current ratio of 2.00 and a debt-to-equity ratio of 5.95. The business’s 50 day moving average is GBX 313.30 and its two-hundred day moving average is GBX 287.57. CMC Markets Plc has a 52-week low of GBX 86.90 ($1.14) and a 52-week high of GBX 344 ($4.50).

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Canaccord Genuity Group reaffirmed a “sell” rating and set a GBX 192 ($2.51) price target on shares of CMC Markets in a report on Tuesday, June 18th. Shore Capital reaffirmed a “hold” rating on shares of CMC Markets in a research report on Thursday, July 25th.

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.