Insider Selling: CMC Markets Plc (LON:CMCX) Insider Sells 25,863 Shares of Stock

CMC Markets Plc (LON:CMCX) insider Matthew Lewis sold 25,863 shares of the stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of GBX 312 ($4.04), for a total transaction of £80,692.56 ($104,361.82).

CMC Markets Price Performance

Shares of LON:CMCX opened at GBX 321 ($4.15) on Friday. The firm has a market cap of £898.22 million, a PE ratio of 8,025.00 and a beta of 0.50. CMC Markets Plc has a 52 week low of GBX 86.90 ($1.12) and a 52 week high of GBX 343 ($4.44). The firm’s fifty day moving average is GBX 298.32 and its 200-day moving average is GBX 230.10. The company has a debt-to-equity ratio of 5.48, a quick ratio of 2.47 and a current ratio of 2.35.

CMC Markets Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, July 11th will be given a GBX 7.30 ($0.09) dividend. This represents a dividend yield of 2.6%. The ex-dividend date is Thursday, July 11th. This is a positive change from CMC Markets’s previous dividend of $1.00. CMC Markets’s payout ratio is 12,500.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CMCX. Shore Capital reiterated a “hold” rating on shares of CMC Markets in a research note on Thursday. Canaccord Genuity Group reissued a “sell” rating and set a GBX 192 ($2.48) price target on shares of CMC Markets in a research note on Tuesday, June 18th.

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.