CMC Markets Plc (LON:CMCX – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 758 and last traded at GBX 756, with a volume of 220664 shares. The stock had previously closed at GBX 727.
Analysts Set New Price Targets
Several brokerages have recently commented on CMCX. Royal Bank Of Canada raised their price objective on shares of CMC Markets from GBX 460 to GBX 760 and gave the stock an “outperform” rating in a research report on Monday, August 17th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 500 price objective on shares of CMC Markets in a research report on Wednesday, July 1st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, CMC Markets currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 462.50.
View Our Latest Stock Analysis on CMC Markets
CMC Markets Stock Performance
CMC Markets (LON:CMCX – Get Free Report) last announced its quarterly earnings results on Thursday, June 4th. The company reported GBX 27.50 EPS for the quarter. CMC Markets had a return on equity of 16.86% and a net margin of 18.09%.The business had revenue of £376.76 million for the quarter. On average, equities analysts expect that CMC Markets Plc will post 20.9884902 earnings per share for the current fiscal year.
Insider Buying and Selling at CMC Markets
In related news, insider Laurence Booth sold 155,138 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of GBX 713, for a total transaction of £1,106,133.94. Also, insider Peter Cruddas sold 23,850 shares of the stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of GBX 703, for a total value of £167,665.50. Insiders have sold 197,827 shares of company stock valued at $141,207,770 in the last three months. Insiders own 64.83% of the company’s stock.
CMC Markets Company Profile
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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