Shore Capital Reiterates Hold Rating for CMC Markets (LON:CMCX)

CMC Markets (LON:CMCX)‘s stock had its “hold” rating reaffirmed by equities researchers at Shore Capital in a research note issued to investors on Thursday, Marketbeat Ratings reports.

CMC Markets Price Performance

LON:CMCX opened at GBX 264 ($3.31) on Thursday. The firm’s fifty day moving average price is GBX 313.30 and its two-hundred day moving average price is GBX 304.62. 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 £738.72 million, a P/E ratio of 1,585.29 and a beta of 0.51. CMC Markets has a one year low of GBX 86.90 ($1.09) and a one year high of GBX 349 ($4.38).

Insider Activity

In related news, insider Albert Soleiman purchased 98 shares of CMC Markets stock in a transaction on Monday, October 7th. The shares were purchased at an average price of GBX 303 ($3.80) per share, for a total transaction of £296.94 ($372.25). Also, insider David Fineberg sold 13,711 shares of CMC Markets stock in a transaction on Friday, August 30th. The stock was sold at an average price of GBX 317 ($3.97), for a total transaction of £43,463.87 ($54,486.49). In the last ninety days, insiders bought 288 shares of company stock worth $89,922. 64.79% of the stock is currently owned by corporate insiders.

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.