David Fineberg Buys 124 Shares of CMC Markets Plc (LON:CMCX) Stock

CMC Markets Plc (LON:CMCX) insider David Fineberg bought 124 shares of CMC Markets stock in a transaction dated Monday, January 6th. The shares were bought at an average price of GBX 242 ($2.99) per share, for a total transaction of £300.08 ($370.93).

CMC Markets Trading Up 1.0 %

LON:CMCX opened at GBX 242 ($2.99) on Thursday. The firm has a market capitalization of £677.16 million, a price-to-earnings ratio of 1,423.53 and a beta of 0.51. CMC Markets Plc has a 1-year low of GBX 127.20 ($1.57) and a 1-year high of GBX 349 ($4.31). The business’s 50-day moving average price is GBX 282.48 and its two-hundred day moving average price is GBX 303.57. The company has a current ratio of 2.00, a quick ratio of 2.47 and a debt-to-equity ratio of 5.95.

CMC Markets Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 5th will be paid a GBX 3.10 ($0.04) dividend. This represents a yield of 0.92%. The ex-dividend date is Thursday, December 5th. CMC Markets’s payout ratio is presently 4,705.88%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “hold” rating on shares of CMC Markets in a report on Thursday, November 21st.

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.