CMC Markets (LON:CMCX) Stock Price Down 1.4% - Here's Why

Key Points

• CMC Markets Plc shares fell by 1.4% during mid-day trading, closing at GBX 208.50 ($2.79), which is significantly lower than the previous close of GBX 211.50 ($2.84).
• Trading volume was notably low, with approximately 148,818 shares changing hands, marking a 76% decline from the average daily volume of 614,947 shares.
• An insider, David Fineberg, sold 46,688 shares at an average price of GBX 240, totaling over £112,000, while 64.11% of the stock is owned by company insiders.

CMC Markets Plc (LON:CMCX - )'s share price dropped 1.4% during mid-day trading on Monday . The company traded as low as GBX 208.50 ($2.79) and last traded at GBX 208.50 ($2.79). Approximately 148,818 shares changed hands during trading, a decline of 76% from the average daily volume of 614,947 shares. The stock had previously closed at GBX 211.50 ($2.84).

CMC Markets Stock Performance

The firm has a fifty day moving average price of GBX 224.41 and a 200 day moving average price of GBX 238.64. The company has a debt-to-equity ratio of 4.19, a quick ratio of 2.47 and a current ratio of 2.18. The stock has a market cap of £568.14 million, a PE ratio of 9.23 and a beta of 0.51.

Insider Buying and Selling

In related news, insider David Fineberg sold 46,688 shares of the business's stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of GBX 240, for a total transaction of £112,051.20. Insiders acquired 398 shares of company stock worth $90,342 in the last 90 days. 64.11% of the stock is owned by corporate insiders.

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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