Peter Cruddas Sells 23,850 Shares of CMC Markets (LON:CMCX) Stock

CMC Markets Plc (LON:CMCX) insider Peter Cruddas sold 23,850 shares of the business’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of GBX 703, for a total value of £167,665.50.

Peter Cruddas also recently made the following trade(s):

• On Monday, July 13th, Peter Cruddas sold 18,839 shares of CMC Markets stock. The stock was sold at an average price of GBX 734, for a total value of £138,278.26.

CMC Markets Price Performance

Shares of CMCX traded up GBX 17 during trading hours on Friday, reaching GBX 723. The company had a trading volume of 2,870,365 shares, compared to its average volume of 1,127,253. The firm has a 50 day simple moving average of GBX 521.76 and a 200-day simple moving average of GBX 405.09. The company has a current ratio of 16.94, a quick ratio of 2.47 and a debt-to-equity ratio of 24.66. The company has a market capitalization of £1.95 billion, a price-to-earnings ratio of 26.29 and a beta of 0.56. CMC Markets Plc has a 12-month low of GBX 203 and a 12-month high of GBX 751.

CMC Markets (LON:CMCX) last released its earnings results on Thursday, June 4th. The company reported GBX 27.50 earnings per share for the quarter. CMC Markets had a return on equity of 16.86% and a net margin of 18.09%.The firm had revenue of £376.76 million for the quarter. Research analysts expect that CMC Markets Plc will post 20.9884902 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Jefferies Financial Group restated a “buy” rating and set a GBX 500 price objective on shares of CMC Markets in a research report on Wednesday, July 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 460 target price on shares of CMC Markets in a report on Friday, June 5th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, CMC Markets currently has a consensus rating of “Moderate Buy” and an average target price of GBX 387.50.

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.