CMC Markets (LON:CMCX) Reaches New 12-Month High at $252.50

CMC Markets plc (LON:CMCX) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 252.50 ($3.12) and last traded at GBX 251 ($3.10), with a volume of 12253 shares trading hands. The stock had previously closed at GBX 250.50 ($3.09).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “hold” rating on shares of CMC Markets in a research report on Wednesday, March 27th.

CMC Markets Price Performance

The stock’s 50-day moving average price is GBX 198.18 and its 200 day moving average price is GBX 141.39. The firm has a market cap of £703.75 million, a price-to-earnings ratio of 6,312.50 and a beta of 0.49. The company has a quick ratio of 2.47, a current ratio of 2.35 and a debt-to-equity ratio of 5.48.

Insider Buying and Selling

In other CMC Markets news, insider Albert Soleiman purchased 130 shares of the company’s stock in a transaction that occurred on Friday, April 5th. The stock was purchased at an average price of GBX 232 ($2.87) per share, with a total value of £301.60 ($372.53). In other CMC Markets news, insider Albert Soleiman purchased 130 shares of the company’s stock in a transaction that occurred on Friday, April 5th. The stock was purchased at an average price of GBX 232 ($2.87) per share, with a total value of £301.60 ($372.53). Also, insider David Fineberg acquired 178 shares of the firm’s stock in a transaction on Tuesday, March 5th. The shares were purchased at an average cost of GBX 169 ($2.09) per share, for a total transaction of £300.82 ($371.57). Insiders acquired 504 shares of company stock valued at $90,230 over the last quarter. Corporate insiders own 64.85% of the company’s stock.

About CMC Markets

CMC Markets plc, together with its subsidiaries, provides online retail financial services to retail, professional, stockbroking, and institutional clients in the United Kingdom, Ireland, Europe, Australia, New Zealand, Singapore, Canada, and internationally. The company offers its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, including indices, foreign currencies, commodities, and treasuries through its trading platform.