CMC Markets (LON:CMCX) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

CMC Markets Plc (LON:CMCXGet Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 218.95 and traded as low as GBX 203.50. CMC Markets shares last traded at GBX 206, with a volume of 4,883,056 shares changing hands.

CMC Markets Trading Down 0.1%

The firm has a market cap of £560.96 million, a PE ratio of 9.11 and a beta of 0.51. The firm has a fifty day simple moving average of GBX 218.95 and a two-hundred day simple moving average of GBX 236.30. The company has a current ratio of 2.18, a quick ratio of 2.47 and a debt-to-equity ratio of 4.19.

Insider Buying and Selling

In related news, insider David Fineberg purchased 134 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The shares were acquired at an average price of GBX 225 per share, for a total transaction of £301.50. 64.11% of the stock is owned by insiders.

About CMC Markets

(Get Free Report)

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.

Further Reading

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