CMC Markets (LON:CMCX) Stock Rating Reaffirmed by Shore Capital

CMC Markets (LON:CMCX)‘s stock had its “hold” rating reissued by investment analysts at Shore Capital in a report issued on Thursday, Marketbeat Ratings reports.

Separately, Canaccord Genuity Group reiterated a “sell” rating and issued a GBX 192 ($2.48) target price on shares of CMC Markets in a research report on Tuesday, June 18th.

CMC Markets Price Performance

Shares of LON:CMCX opened at GBX 321 ($4.15) on Thursday. The stock has a market cap of £898.22 million, a PE ratio of 8,025.00 and a beta of 0.50. The company’s fifty day moving average is GBX 298.32 and its 200 day moving average is GBX 230.10. CMC Markets has a 52 week low of GBX 86.90 ($1.12) and a 52 week high of GBX 343 ($4.44). 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 at CMC Markets

In other news, insider Albert Soleiman acquired 110 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were purchased at an average price of GBX 275 ($3.56) per share, for a total transaction of £302.50 ($391.23). In other news, insider Albert Soleiman acquired 110 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were purchased at an average price of GBX 275 ($3.56) per share, for a total transaction of £302.50 ($391.23). Also, insider Matthew Lewis sold 25,863 shares of CMC Markets stock in a transaction dated 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). Over the last quarter, insiders have bought 312 shares of company stock worth $89,800. 64.85% of the stock is currently owned by company insiders.

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.