David Fineberg Buys 94 Shares of CMC Markets Plc (LON:CMCX) Stock

CMC Markets Plc (LON:CMCX) insider David Fineberg purchased 94 shares of the business’s stock in a transaction on Thursday, September 5th. The stock was purchased at an average cost of GBX 318 ($4.16) per share, for a total transaction of £298.92 ($390.90).

David Fineberg also recently made the following trade(s):

• On Friday, August 30th, David Fineberg sold 13,711 shares of CMC Markets stock. The stock was sold at an average price of GBX 317 ($4.15), for a total transaction of £43,463.87 ($56,837.81).

CMC Markets Price Performance

Shares of CMCX opened at GBX 316 ($4.13) on Tuesday. The firm has a market capitalization of £884.23 million, a PE ratio of 1,858.82 and a beta of 0.54. The company has a debt-to-equity ratio of 5.95, a current ratio of 2.00 and a quick ratio of 2.47. CMC Markets Plc has a 1-year low of GBX 86.90 ($1.14) and a 1-year high of GBX 344 ($4.50). The company’s fifty day moving average price is GBX 318.75 and its 200-day moving average price is GBX 267.41.

CMC Markets Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 9th. Stockholders of record on Thursday, July 11th were issued a dividend of GBX 7.30 ($0.10) per share. The ex-dividend date of this dividend was Thursday, July 11th. This is a positive change from CMC Markets’s previous dividend of $1.00. This represents a dividend yield of 2.6%. CMC Markets’s payout ratio is 4,705.88%.

Wall Street Analysts Forecast Growth

CMCX has been the topic of several analyst reports. Canaccord Genuity Group reaffirmed a “sell” rating and issued 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 report on Thursday, July 25th.

CMC Markets Company Profile

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.