CMC Markets’ (CMCX) “Hold” Rating Reaffirmed at Shore Capital

Shore Capital reissued their hold rating on shares of CMC Markets (LON:CMCX) in a research report report published on Thursday, MarketBeat.com reports.

CMC Markets Trading Up 0.2 %

Shares of CMCX stock opened at GBX 221 ($2.76) on Thursday. The company has a debt-to-equity ratio of 5.95, a current ratio of 2.00 and a quick ratio of 2.47. The company has a market cap of £618.40 million, a price-to-earnings ratio of 1,300.00 and a beta of 0.51. CMC Markets has a 1 year low of GBX 131.90 ($1.65) and a 1 year high of GBX 349 ($4.36). The firm has a fifty day moving average price of GBX 264.66 and a 200-day moving average price of GBX 297.47.

CMC Markets (LON:CMCX) last released its quarterly earnings results on Thursday, November 21st. The company reported GBX 12.80 ($0.16) earnings per share (EPS) for the quarter. CMC Markets had a return on equity of 12.06% and a net margin of 14.17%. As a group, equities analysts predict that CMC Markets will post 20.9884902 earnings per share for the current year.

CMC Markets Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 5th were paid a dividend of GBX 3.10 ($0.04) per share. This represents a yield of 0.92%. The ex-dividend date of this dividend was Thursday, December 5th. CMC Markets’s payout ratio is 4,705.88%.

Insider Buying and Selling at CMC Markets

In other CMC Markets news, insider David Fineberg purchased 124 shares of the company’s stock in a transaction on Monday, January 6th. The stock was acquired at an average cost of GBX 242 ($3.02) per share, for a total transaction of £300.08 ($374.58). Also, insider Albert Soleiman acquired 96 shares of CMC Markets stock in a transaction dated Tuesday, November 5th. The shares were bought at an average price of GBX 316 ($3.94) per share, for a total transaction of £303.36 ($378.68). Insiders have bought 322 shares of company stock valued at $90,026 over the last 90 days. 64.79% of the stock is currently owned by corporate insiders.

About CMC Markets

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.