CMC Markets (LON:CMCX) Issues Quarterly Earnings Results

CMC Markets (LON:CMCX) announced its quarterly earnings results on Thursday. The company reported GBX 22.60 ($0.31) earnings per share (EPS) for the quarter, Digital Look Earnings reports. CMC Markets had a return on equity of 86.11% and a net margin of 95.92%.

CMC Markets Trading Down 13.5%

LON CMCX opened at GBX 246 ($3.33) on Thursday. The firm’s fifty day moving average price is GBX 244.49 and its 200 day moving average price is GBX 241.53. CMC Markets has a 12 month low of GBX 183.40 ($2.49) and a 12 month high of GBX 349 ($4.73). The company has a debt-to-equity ratio of 4.19, a current ratio of 2.18 and a quick ratio of 2.47. The company has a market capitalization of £683.51 million, a price-to-earnings ratio of 2.08 and a beta of 0.51.

CMC Markets Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Thursday, March 27th were issued a GBX 17.60 ($0.24) dividend. This is a boost from CMC Markets’s previous dividend of $3.10. The ex-dividend date was Thursday, March 27th. This represents a dividend yield of 2.12%. CMC Markets’s dividend payout ratio is presently 6.75%.

Insider Buying and Selling

In other news, insider David Fineberg purchased 118 shares of the company’s stock in a transaction that occurred on Tuesday, May 6th. The shares were purchased at an average price of GBX 255 ($3.46) per share, for a total transaction of £300.90 ($407.78). 64.79% of the stock is owned by company insiders.

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.