CMC Markets Plc (LON:CMCX - Get Free Report) shares dropped 17.4% on Thursday . The stock traded as low as GBX 231 ($3.14) and last traded at GBX 235 ($3.19). Approximately 2,328,894 shares changed hands during mid-day trading, an increase of 273% from the average daily volume of 625,109 shares. The stock had previously closed at GBX 284.50 ($3.86).
CMC Markets Price Performance
The company has a current ratio of 2.18, a quick ratio of 2.47 and a debt-to-equity ratio of 4.19. The firm's 50-day moving average price is GBX 245.05 and its two-hundred day moving average price is GBX 241.49. The stock has a market cap of £665.10 million, a PE ratio of 2.02 and a beta of 0.51.
CMC Markets (LON:CMCX - Get Free Report) last posted its earnings results on Thursday, June 5th. The company reported GBX 22.60 ($0.31) earnings per share for the quarter. CMC Markets had a return on equity of 86.11% and a net margin of 95.92%. On average, equities analysts expect that CMC Markets Plc will post 20.9884902 earnings per share for the current fiscal year.
CMC Markets Increases Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Thursday, March 27th were given a GBX 17.60 ($0.24) dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a dividend yield of 2.12%. This is an increase from CMC Markets's previous dividend of $3.10. CMC Markets's payout ratio is presently 6.75%.
Insider Buying and Selling
In other CMC Markets news, insider David Fineberg purchased 118 shares of the stock in a transaction on Tuesday, May 6th. The stock was acquired at an average price of GBX 255 ($3.46) per share, with a total value of £300.90 ($408.61). 64.79% of the stock is currently owned by company insiders.
About CMC Markets
(
Get Free Report)
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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