CMC Markets (LON:CMCX) Trading Up 17.8% – Time to Buy?

CMC Markets Plc (LON:CMCXGet Free Report) was up 17.8% during trading on Thursday . The stock traded as high as GBX 435 and last traded at GBX 433.50. Approximately 4,597,710 shares traded hands during mid-day trading, an increase of 438% from the average daily volume of 854,665 shares. The stock had previously closed at GBX 368.

CMC Markets Trading Up 16.2%

The company has a debt-to-equity ratio of 8.41, a current ratio of 172.37 and a quick ratio of 2.47. The firm’s 50 day moving average is GBX 372.22 and its 200 day moving average is GBX 330.42. The company has a market capitalization of £1.16 billion, a PE ratio of 18.51 and a beta of 0.58.

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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