CMC Markets (LON:CMCX) Sets New 52-Week High - Still a Buy?

Key Points

• CMC Markets hit a new 52-week high, trading as high as GBX 362.50 and last at GBX 356.50 on a volume of 89,146 shares (previous close GBX 347).
• The stock has a market capitalization of £983.68 million, a P/E of 15.63 and a beta of 0.56, and is trading above its 50‑day (GBX 330.88) and 200‑day (GBX 286.20) moving averages.
• CMC Markets, founded in 1989, is a long-established global provider of online trading and investing services for retail, professional and institutional clients.

CMC Markets Plc (LON:CMCX - ) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 362.50 and last traded at GBX 356.50, with a volume of 89146 shares trading hands. The stock had previously closed at GBX 347.

CMC Markets Stock Performance

The stock has a market capitalization of £983.68 million, a price-to-earnings ratio of 15.63 and a beta of 0.56. The stock's 50 day moving average is GBX 330.88 and its 200 day moving average is GBX 286.20. The company has a current ratio of 172.37, a quick ratio of 2.47 and a debt-to-equity ratio of 8.41.

About CMC Markets

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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