CMC Markets (LON:CMCX) Reaches New 12-Month High at $246.00

CMC Markets plc (LON:CMCX)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 246 ($3.06) and last traded at GBX 244 ($3.04), with a volume of 216412 shares. The stock had previously closed at GBX 236 ($2.94).

Analyst Ratings Changes

Separately, Shore Capital restated a “hold” rating on shares of CMC Markets in a research report on Wednesday, March 27th.

CMC Markets Stock Performance

The company has a current ratio of 2.35, a quick ratio of 2.47 and a debt-to-equity ratio of 5.48. The stock has a market capitalization of £688.36 million, a PE ratio of 6,187.50 and a beta of 0.49. The firm’s 50-day simple moving average is GBX 189.51 and its two-hundred day simple moving average is GBX 136.17.

Insiders Place Their Bets

In other news, insider David Fineberg acquired 178 shares of the stock in a transaction on Tuesday, March 5th. The shares were purchased at an average cost of GBX 169 ($2.10) per share, for a total transaction of £300.82 ($374.48). In related news, insider David Fineberg purchased 178 shares of the stock in a transaction dated Tuesday, March 5th. The shares were acquired at an average cost of GBX 169 ($2.10) per share, for a total transaction of £300.82 ($374.48). Also, insider Albert Soleiman purchased 130 shares of the stock in a transaction dated Friday, April 5th. The shares were bought at an average price of GBX 232 ($2.89) per share, for a total transaction of £301.60 ($375.45). In the last three months, insiders have bought 504 shares of company stock worth $90,230. Corporate insiders own 64.85% of the company’s stock.

About CMC Markets

CMC Markets plc, together with its subsidiaries, provides online retail financial services to retail, professional, stockbroking, and institutional clients in the United Kingdom, Ireland, Europe, Australia, New Zealand, Singapore, Canada, and internationally. The company offers its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, including indices, foreign currencies, commodities, and treasuries through its trading platform.