CMC Markets (LON:CMCX) Reaches New 12-Month High at $274.00

CMC Markets plc (LON:CMCX)’s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 274 ($3.44) and last traded at GBX 271.58 ($3.41), with a volume of 245058 shares. The stock had previously closed at GBX 274 ($3.44).

Wall Street Analyst Weigh In

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

CMC Markets Stock Performance

The company has a market capitalization of £733.82 million, a price-to-earnings ratio of 6,550.00 and a beta of 0.49. The stock has a 50 day moving average of GBX 206.14 and a 200 day moving average of GBX 146.48. The company has a quick ratio of 2.47, a current ratio of 2.35 and a debt-to-equity ratio of 5.48.

Insiders Place Their Bets

In other CMC Markets news, insider Albert Soleiman bought 196 shares of the stock in a transaction on Monday, February 5th. The stock was acquired at an average cost of GBX 153 ($1.92) per share, for a total transaction of £299.88 ($376.69). In other CMC Markets news, insider Albert Soleiman bought 196 shares of the stock in a transaction on Monday, February 5th. The stock was acquired at an average cost of GBX 153 ($1.92) per share, for a total transaction of £299.88 ($376.69). Also, insider David Fineberg bought 178 shares of the stock in a transaction on Tuesday, March 5th. The stock was acquired at an average price of GBX 169 ($2.12) per share, with a total value of £300.82 ($377.87). Over the last three months, insiders acquired 504 shares of company stock worth $90,230. 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.