CMC Markets (LON:CMCX) Shares Cross Below 50-Day Moving Average – Here’s What Happened

CMC Markets Plc (LON:CMCXGet Free Report)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 241.54 ($3.25) and traded as low as GBX 218.50 ($2.94). CMC Markets shares last traded at GBX 229 ($3.08), with a volume of 224,548 shares trading hands.

CMC Markets Stock Performance

The stock has a market capitalization of £634.89 million, a PE ratio of 1.93 and a beta of 0.51. The stock has a fifty day moving average of GBX 241.54 and a 200-day moving average of GBX 235.49. The company has a quick ratio of 2.47, a current ratio of 2.18 and a debt-to-equity ratio of 4.19.

CMC Markets (LON:CMCXGet Free Report) last released its earnings results on Thursday, June 5th. The company reported GBX 22.60 earnings per share (EPS) for the quarter. CMC Markets had a return on equity of 86.11% and a net margin of 95.92%. Equities analysts anticipate that CMC Markets Plc will post 20.9884902 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Matthew Lewis sold 12,038 shares of CMC Markets stock in a transaction on Monday, July 14th. The stock was sold at an average price of GBX 242, for a total value of £29,131.96. Also, insider Peter Cruddas sold 14,297 shares of CMC Markets stock in a transaction on Monday, July 14th. The shares were sold at an average price of GBX 242, for a total value of £34,598.74. In the last ninety days, insiders have bought 374 shares of company stock valued at $90,236 and have sold 212,238 shares valued at $52,103,795. Company insiders own 64.79% of the company’s stock.

About CMC Markets

(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.

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