CMC Markets’ (CMCX) “Hold” Rating Reaffirmed at Shore Capital

Shore Capital reiterated their hold rating on shares of CMC Markets (LON:CMCX) in a research note published on Wednesday morning, Marketbeat.com reports.

CMC Markets Stock Up 16.8 %

LON:CMCX opened at GBX 219.50 ($2.77) on Wednesday. CMC Markets has a 12-month low of GBX 86.90 ($1.10) and a 12-month high of GBX 221.50 ($2.80). The company has a quick ratio of 2.47, a current ratio of 2.35 and a debt-to-equity ratio of 5.48. The firm has a market capitalization of £614.20 million, a P/E ratio of 5,487.50 and a beta of 0.49. The stock’s fifty day simple moving average is GBX 161.46 and its 200-day simple moving average is GBX 122.81.

Insider Transactions at CMC Markets

In related news, insider David Fineberg purchased 178 shares of CMC Markets stock in a transaction dated Tuesday, March 5th. The shares were acquired at an average cost of GBX 169 ($2.14) per share, for a total transaction of £300.82 ($380.16). In other CMC Markets news, insider David Fineberg bought 178 shares of CMC Markets stock in a transaction on Tuesday, March 5th. The shares were purchased at an average cost of GBX 169 ($2.14) per share, for a total transaction of £300.82 ($380.16). Also, insider Albert Soleiman bought 196 shares of CMC Markets stock in a transaction on Monday, February 5th. The shares were acquired at an average price of GBX 153 ($1.93) per share, for a total transaction of £299.88 ($378.97). 64.85% of the stock is owned by corporate 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.