CMC Markets (LON:CMCX) Trading Up 17.8% – Time to Buy?

CMC Markets Plc (LON:CMCX) shares traded up 17.8% on Thursday . The company traded as high as GBX 435 and last traded at GBX 433.50. 4,597,710 shares were traded during mid-day trading, an increase of 438% from the average session volume of 854,665 shares. The stock had previously closed at GBX 368.

CMC Markets Trading Up 16.2%

The stock has a market capitalization of £1.16 billion, a P/E ratio of 18.51 and a beta of 0.58. The company has a current ratio of 172.37, a quick ratio of 2.47 and a debt-to-equity ratio of 8.41. The stock’s fifty day moving average price is GBX 372.22 and its two-hundred day moving average price is GBX 330.42.

CMC Markets Company Profile

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.