CMC Markets (LON:CMCX) Shares Down 17.4% - Should You Sell?

CMC Markets Plc (LON:CMCX - Get Free Report)'s stock price was down 17.4% during mid-day trading on Friday . The stock traded as low as GBX 231 ($3.13) and last traded at GBX 235 ($3.18). Approximately 2,328,894 shares changed 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 ($3.85).

CMC Markets Stock Up 5.1%

The company has a market cap of £686.29 million, a P/E ratio of 2.08 and a beta of 0.51. The company has a 50 day moving average of GBX 245.78 and a 200-day moving average of GBX 241.52. The company has a debt-to-equity ratio of 4.19, a current ratio of 2.18 and a quick ratio of 2.47.

CMC Markets (LON:CMCX - Get Free Report) last posted its quarterly earnings data on Thursday, June 5th. The company reported GBX 22.60 ($0.31) earnings per share (EPS) for the quarter. CMC Markets had a net margin of 95.92% and a return on equity of 86.11%. On average, equities analysts predict that CMC Markets Plc will post 20.9884902 earnings per share for the current year.

CMC Markets Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Thursday, March 27th were issued a dividend of GBX 17.60 ($0.24) per share. This is an increase from CMC Markets's previous dividend of $3.10. This represents a dividend yield of 2.12%. The ex-dividend date was Thursday, March 27th. CMC Markets's payout ratio is currently 6.75%.

Insider Transactions at CMC Markets

In other CMC Markets news, insider David Fineberg bought 124 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were bought at an average price of GBX 242 ($3.27) per share, for a total transaction of £300.08 ($405.95). 64.79% of the stock is currently owned by insiders.

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.