CMC Markets (LON:CMCX) Insider Purchases 16,555 Shares of Company Stock

CMC Markets Plc (LON:CMCX) insider Peter Cruddas bought 16,555 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was bought at an average cost of GBX 604 per share, for a total transaction of £99,992.20.

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

• On Friday, October 2nd, Peter Cruddas purchased 6,456 shares of CMC Markets stock. The shares were purchased at an average price of GBX 604 per share, for a total transaction of £38,994.24.
• On Thursday, July 23rd, Peter Cruddas sold 23,850 shares of CMC Markets stock. The stock was sold at an average price of GBX 703, for a total transaction of £167,665.50.
• 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 value of £138,278.26.

CMC Markets Stock Performance

CMC Markets stock traded down GBX 26 during midday trading on Friday, hitting GBX 632. The stock had a trading volume of 1,848,974 shares, compared to its average volume of 1,260,506. The firm’s fifty day moving average is GBX 708.05 and its two-hundred day moving average is GBX 540.77. CMC Markets Plc has a 52-week low of GBX 203 and a 52-week high of GBX 787. The company has a market capitalization of £1.70 billion, a PE ratio of 22.98 and a beta of 0.62. The company has a current ratio of 16.94, a quick ratio of 2.47 and a debt-to-equity ratio of 24.66.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Royal Bank Of Canada upped their price objective on CMC Markets from GBX 460 to GBX 760 and gave the stock an “outperform” rating in a report on Monday, August 17th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 500 price objective on shares of CMC Markets in a research note on Wednesday, July 1st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 462.50.

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.