Insider Selling: CMC Markets (LON:CMCX) Insider Sells £1,106,133.94 in Stock

CMC Markets Plc (LON:CMCX) insider Laurence Booth sold 155,138 shares of the stock in a transaction dated Friday, July 24th. The stock was sold at an average price of GBX 713, for a total transaction of £1,106,133.94.

CMC Markets Trading Down 0.1%

Shares of LON:CMCX opened at GBX 700 on Friday. 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 company’s 50-day moving average price is GBX 555.03 and its 200 day moving average price is GBX 419.26. The company has a market cap of £1.89 billion, a PE ratio of 25.45 and a beta of 0.56. CMC Markets Plc has a fifty-two week low of GBX 203 and a fifty-two week high of GBX 753.

CMC Markets (LON:CMCX) last posted its earnings results on Thursday, June 4th. The company reported GBX 27.50 EPS 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 during the quarter. Sell-side analysts anticipate that CMC Markets Plc will post 20.9884902 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on CMCX shares. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 460 price objective on shares of CMC Markets in a report on Friday, June 5th. Jefferies Financial Group restated a “buy” rating and issued a GBX 500 target price on shares of CMC Markets in a research report on Wednesday, July 1st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus 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.