CMC Markets (LON:CMCX) Trading Up 27% – Should You Buy?

Shares of CMC Markets Plc (LON:CMCXGet Free Report) rose 27% during mid-day trading on Thursday . The company traded as high as GBX 265 and last traded at GBX 263.50. 5,440,750 shares traded hands during mid-day trading, an increase of 760% from the average daily volume of 632,754 shares. The stock had previously closed at GBX 207.50.

CMC Markets Stock Performance

The stock has a market cap of £735.72 million, a price-to-earnings ratio of 11.95 and a beta of 0.51. The company has a debt-to-equity ratio of 4.19, a current ratio of 2.18 and a quick ratio of 2.47. The firm has a fifty day moving average of GBX 218.70 and a 200 day moving average of GBX 236.09.

Insider Activity

In related news, insider David Fineberg purchased 134 shares of CMC Markets stock in a transaction dated Monday, October 6th. The shares were acquired at an average price of GBX 225 per share, for a total transaction of £301.50. 64.11% of the stock is owned by company insiders.

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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