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 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 shares were sold at an average price of GBX 734, for a total value of £138,278.26.

CMC Markets Stock Performance

Shares of LON:CMCX opened at GBX 723 on Friday. The company has a debt-to-equity ratio of 24.66, a current ratio of 16.94 and a quick ratio of 2.47. The business’s fifty day moving average price is GBX 528.64 and its two-hundred day moving average price is GBX 407.31. CMC Markets Plc has a fifty-two week low of GBX 203 and a fifty-two week high of GBX 751. The stock has a market capitalization of £1.95 billion, a price-to-earnings ratio of 26.29 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 return on equity of 16.86% and a net margin of 18.09%.The company had revenue of £376.76 million during the quarter. As a group, analysts predict that CMC Markets Plc will post 20.9884902 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CMCX has been the topic of several recent analyst reports. 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. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 500 price objective on shares of CMC Markets in a research 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, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.