CMC Markets (LON:CMCX) Hits New 1-Year High - Time to Buy?

Key Points

• CMC Markets hit a new 52-week high — shares reached GBX 346 (last GBX 345) in mid-day trading with about 96,116 shares traded, up from the prior close of GBX 341.50.
• Valuation and momentum indicators — market cap ~£942.8M, P/E 14.98 and beta 0.69, with high reported liquidity (current ratio 172.37, quick ratio 2.47) and bullish technicals as the 50-day MA (GBX 326.07) sits above the 200-day MA (GBX 277.58).

CMC Markets Plc (LON:CMCX - ) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 346 and last traded at GBX 345, with a volume of 96116 shares. The stock had previously closed at GBX 341.50.

CMC Markets Stock Performance

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 firm has a market cap of £942.81 million, a price-to-earnings ratio of 14.98 and a beta of 0.69. The stock has a fifty day moving average price of GBX 326.07 and a 200 day moving average price of GBX 277.58.

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.

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