CMC Markets (LON:CMCX) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Posted by Joseph Casey on Jan 5th, 2025

CMC Markets Plc (LON:CMCX – Get Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 285.74 ($3.55) and traded as low as GBX 242.50 ($3.01). CMC Markets shares last traded at GBX 246 ($3.06), with a volume of 165,867 shares changing hands.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on CMCX

CMC Markets Stock Down 0.8 %

The business has a 50-day moving average of GBX 285.74 and a 200 day moving average of GBX 303.79. The company has a market capitalization of £688.36 million, a PE ratio of 1,447.06 and a beta of 0.51. The company has a debt-to-equity ratio of 5.95, a current ratio of 2.00 and a quick ratio of 2.47.

CMC Markets Cuts Dividend

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

Insider Transactions at CMC Markets

In other news, insider Albert Soleiman acquired 102 shares of CMC Markets stock in a transaction that occurred on Thursday, December 5th. The shares were bought at an average cost of GBX 291 ($3.61) per share, with a total value of £296.82 ($368.72). Insiders have acquired a total of 296 shares of company stock worth $89,712 in the last three months. Insiders own 64.79% of the company’s stock.

CMC Markets Company Profile

(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.