CMC Markets Plc (LON:CMCX - Get Free Report)'s share price dropped 17.4% during mid-day trading on Friday . The company traded as low as GBX 231 ($3.14) and last traded at GBX 235 ($3.19). Approximately 2,328,894 shares traded hands during 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 Stock Up 1.7%
The business has a 50-day moving average price of GBX 245.05 and a 200-day moving average price of GBX 241.49. The company has a market capitalization of £664.06 million, a price-to-earnings ratio of 2.02 and a beta of 0.51. The company has a quick ratio of 2.47, a current ratio of 2.18 and a debt-to-equity ratio of 4.19.
CMC Markets (LON:CMCX - Get Free Report) last issued its quarterly 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%. As a group, equities analysts anticipate that CMC Markets Plc will post 20.9884902 earnings per share for the current fiscal year.
CMC Markets Increases Dividend
The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Thursday, March 27th were paid a GBX 17.60 ($0.24) dividend. The ex-dividend date was Thursday, March 27th. This represents a yield of 2.12%. This is an increase from CMC Markets's previous dividend of $3.10. CMC Markets's payout ratio is 6.75%.
Insider Transactions at CMC Markets
In related news, insider David Fineberg acquired 118 shares of the stock in a transaction dated Tuesday, May 6th. The shares were 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 corporate insiders.
CMC Markets Company Profile
(
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.
Further Reading
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