CMC Markets (LON:CMCX) Reaches New 1-Year High at $252.50

CMC Markets plc (LON:CMCX) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 252.50 ($3.12) and last traded at GBX 251 ($3.10), with a volume of 12253 shares changing hands. The stock had previously closed at GBX 250.50 ($3.09).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of CMC Markets in a research report on Wednesday, March 27th.

CMC Markets Price Performance

The firm’s 50-day moving average is GBX 194.73 and its 200-day moving average is GBX 139.50. The company has a debt-to-equity ratio of 5.48, a current ratio of 2.35 and a quick ratio of 2.47. The company has a market capitalization of £707.94 million, a P/E ratio of 6,262.50 and a beta of 0.49.

Insider Activity at CMC Markets

In other CMC Markets news, insider Albert Soleiman bought 196 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was bought at an average cost of GBX 153 ($1.89) per share, for a total transaction of £299.88 ($370.41). In other news, insider Albert Soleiman purchased 196 shares of the company’s stock in a transaction on Monday, February 5th. The stock was acquired at an average cost of GBX 153 ($1.89) per share, for a total transaction of £299.88 ($370.41). Also, insider David Fineberg purchased 178 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was purchased at an average price of GBX 169 ($2.09) per share, with a total value of £300.82 ($371.57). Over the last ninety days, insiders acquired 504 shares of company stock worth $90,230. 64.85% of the stock is owned by company insiders.

About CMC Markets

CMC Markets plc, together with its subsidiaries, provides online retail financial services to retail, professional, stockbroking, and institutional clients in the United Kingdom, Ireland, Europe, Australia, New Zealand, Singapore, Canada, and internationally. The company offers its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, including indices, foreign currencies, commodities, and treasuries through its trading platform.