CMC Markets (LON:CMCX) Hits New 52-Week High – Time to Buy?

CMC Markets Plc (LON:CMCXGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 397.50 and last traded at GBX 394.50, with a volume of 61581 shares changing hands. The stock had previously closed at GBX 389.50.

CMC Markets Stock Performance

The firm’s 50 day simple moving average is GBX 365.44 and its 200-day simple moving average is GBX 320.39. The company has a debt-to-equity ratio of 8.41, a quick ratio of 2.47 and a current ratio of 172.37. The company has a market capitalization of £1.07 billion, a price-to-earnings ratio of 17.01 and a beta of 0.58.

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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