CMC Markets (LON:CMCX) Hits New 1-Year High at $341.08

CMC Markets Plc (LON:CMCXGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 341.08 ($4.31) and last traded at GBX 339 ($4.29), with a volume of 18775 shares. The stock had previously closed at GBX 339 ($4.29).

Analyst Ratings Changes

A number of equities analysts recently commented on CMCX shares. Shore Capital reaffirmed a “hold” rating on shares of CMC Markets in a research note on Thursday. Canaccord Genuity Group reaffirmed a “sell” rating and issued a GBX 192 ($2.43) price objective on shares of CMC Markets in a research note on Tuesday, June 18th.

View Our Latest Report on CMCX

CMC Markets Stock Performance

The company has a market cap of £948.59 million, a P/E ratio of 8,475.00 and a beta of 0.50. The firm has a 50-day moving average of GBX 281.95 and a 200 day moving average of GBX 209.75. The company has a current ratio of 2.35, a quick ratio of 2.47 and a debt-to-equity ratio of 5.48.

CMC Markets Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 9th. Stockholders of record on Thursday, July 11th will be paid a GBX 7.30 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, July 11th. This represents a dividend yield of 2.6%. This is a positive change from CMC Markets’s previous dividend of $1.00. CMC Markets’s payout ratio is currently 12,500.00%.

Insider Activity at CMC Markets

In related news, insider Albert Soleiman purchased 110 shares of the firm’s stock in a transaction on Wednesday, June 5th. The stock was purchased at an average cost of GBX 275 ($3.48) per share, with a total value of £302.50 ($382.62). In other CMC Markets news, insider David Fineberg purchased 114 shares of CMC Markets stock in a transaction that occurred on Tuesday, May 7th. The stock was acquired at an average price of GBX 263 ($3.33) per share, with a total value of £299.82 ($379.23). Also, insider Albert Soleiman purchased 110 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were acquired at an average price of GBX 275 ($3.48) per share, with a total value of £302.50 ($382.62). 64.85% of the stock is owned by corporate insiders.

About CMC Markets

(Get Free Report)

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.

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