Matthew Lewis Sells 25,863 Shares of CMC Markets Plc (LON:CMCX) Stock

CMC Markets Plc (LON:CMCX) insider Matthew Lewis sold 25,863 shares of the company’s stock in a transaction on Monday, July 22nd. The shares were sold at an average price of GBX 312 ($4.04), for a total transaction of £80,692.56 ($104,361.82).

CMC Markets Stock Up 0.8 %

CMCX stock opened at GBX 302 ($3.91) on Friday. The company has a debt-to-equity ratio of 5.48, a current ratio of 2.35 and a quick ratio of 2.47. CMC Markets Plc has a 1-year low of GBX 86.90 ($1.12) and a 1-year high of GBX 343 ($4.44). The firm has a fifty day moving average price of GBX 297.18 and a two-hundred day moving average price of GBX 228.80. The firm has a market cap of £845.06 million, a price-to-earnings ratio of 7,550.00 and a beta of 0.50.

CMC Markets Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, July 11th will be paid a dividend of GBX 7.30 ($0.09) per share. This is a positive change from CMC Markets’s previous dividend of $1.00. The ex-dividend date of this dividend is Thursday, July 11th. This represents a yield of 2.6%. CMC Markets’s payout ratio is presently 12,500.00%.

Wall Street Analyst Weigh In

CMCX has been the topic of several recent analyst reports. Shore Capital reaffirmed a “hold” rating on shares of CMC Markets in a report on Thursday. Canaccord Genuity Group reaffirmed a “sell” rating and issued a GBX 192 ($2.48) price target on shares of CMC Markets in a report on Tuesday, June 18th.

CMC Markets Company Profile

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.