Insider Selling: CMC Markets (LON:CMCX) Insider Sells £138,278.26 in Stock

CMC Markets Plc (LON:CMCX) insider Peter Cruddas sold 18,839 shares of the stock in a transaction dated Monday, July 13th. The shares were sold at an average price of GBX 734, for a total transaction of £138,278.26.

CMC Markets Stock Up 1.0%

CMC Markets stock traded up GBX 7 during midday trading on Tuesday, hitting GBX 740. 6,095,487 shares of the stock were exchanged, compared to its average volume of 1,203,042. CMC Markets Plc has a 52-week low of GBX 203 and a 52-week high of GBX 751. The stock has a market capitalization of £2.00 billion, a price-to-earnings ratio of 26.91 and a beta of 0.56. The business’s 50-day moving average price is GBX 468.52 and its 200-day moving average price is GBX 381.72. The company has a quick ratio of 2.47, a current ratio of 16.94 and a debt-to-equity ratio of 24.66.

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 for the quarter. On average, research analysts expect that CMC Markets Plc will post 20.9884902 EPS for the current fiscal year.

Analyst Ratings Changes

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