Insider Selling: CMC Markets (LON:CMCX) Insider Sells £1,106,133.94 in Stock

CMC Markets Plc (LON:CMCX) insider Laurence Booth sold 155,138 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of GBX 713, for a total value of £1,106,133.94.

CMC Markets Stock Down 2.4%

LON CMCX traded down GBX 18 during trading hours on Tuesday, reaching GBX 721. 194,169 shares of the company’s stock were exchanged, compared to its average volume of 1,115,936. The company’s 50-day moving average is GBX 535.86 and its two-hundred day moving average is GBX 410.89. CMC Markets Plc has a one year low of GBX 203 and a one year high of GBX 753. The company has a debt-to-equity ratio of 24.66, a quick ratio of 2.47 and a current ratio of 16.94. The company has a market capitalization of £1.94 billion, a price-to-earnings ratio of 26.22 and a beta of 0.56.

CMC Markets (LON:CMCX) last issued its quarterly earnings data on Thursday, June 4th. The company reported GBX 27.50 earnings per share (EPS) for the quarter. CMC Markets had a net margin of 18.09% and a return on equity of 16.86%. The company had revenue of £376.76 million during the quarter. On average, analysts forecast that CMC Markets Plc will post 20.9884902 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 460 price target on shares of CMC Markets in a research note on Friday, June 5th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 500 price objective on shares of CMC Markets in a report on Wednesday, July 1st. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, CMC Markets has an average rating of “Moderate Buy” and a consensus price target 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.