CMC Markets (LON:CMCX) Insider Peter Cruddas Sells 23,850 Shares of Stock

CMC Markets Plc (LON:CMCX) insider Peter Cruddas sold 23,850 shares of the stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of GBX 703, for a total transaction of £167,665.50.

Peter Cruddas also recently made the following trade(s):

• On Monday, July 13th, Peter Cruddas sold 18,839 shares of CMC Markets stock. The stock was sold at an average price of GBX 734, for a total transaction of £138,278.26.

CMC Markets Stock Up 2.4%

CMCX stock opened at GBX 723 on Friday. CMC Markets Plc has a 52 week low of GBX 203 and a 52 week high of GBX 751. The company has a quick ratio of 2.47, a current ratio of 16.94 and a debt-to-equity ratio of 24.66. The firm has a 50-day simple moving average of GBX 528.64 and a 200-day simple moving average of GBX 407.31. The stock has a market capitalization of £1.95 billion, a P/E ratio of 26.29 and a beta of 0.56.

CMC Markets (LON:CMCX) last issued its quarterly earnings results on Thursday, June 4th. The company reported GBX 27.50 earnings per share for the quarter. CMC Markets had a net margin of 18.09% and a return on equity of 16.86%. The firm had revenue of £376.76 million for the quarter. Equities analysts forecast that CMC Markets Plc will post 20.9884902 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CMCX. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 500 price target on shares of CMC Markets in a research note on Wednesday, July 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 460 price target on shares of CMC Markets in a research note on Friday, June 5th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 387.50.

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.