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

CMC Markets Plc (LON:CMCX) insider David Fineberg bought 124 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were purchased at an average cost of GBX 242 ($3.01) per share, for a total transaction of £300.08 ($372.91).

CMC Markets Trading Down 0.6 %

Shares of LON:CMCX traded down GBX 1.50 ($0.02) during midday trading on Monday, reaching GBX 244.50 ($3.04). The company had a trading volume of 268,121 shares, compared to its average volume of 220,486. The company has a fifty day simple moving average of GBX 285.74 and a two-hundred day simple moving average of GBX 304.11. The company has a debt-to-equity ratio of 5.95, a quick ratio of 2.47 and a current ratio of 2.00. The firm has a market cap of £684.16 million, a price-to-earnings ratio of 1,438.24 and a beta of 0.51. CMC Markets Plc has a 1-year low of GBX 125.76 ($1.56) and a 1-year high of GBX 349 ($4.34).

CMC Markets Cuts Dividend

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

Wall Street Analyst Weigh In

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