Insider Buying: CMC Markets Plc (LON:CMCX) Insider Acquires £296.82 in Stock

CMC Markets Plc (LON:CMCX) insider Albert Soleiman bought 102 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average cost of GBX 291 ($3.71) per share, with a total value of £296.82 ($378.26).

Albert Soleiman also recently made the following trade(s):

• On Tuesday, November 5th, Albert Soleiman purchased 96 shares of CMC Markets stock. The shares were purchased at an average cost of GBX 316 ($4.03) per share, for a total transaction of £303.36 ($386.59).
• On Monday, October 7th, Albert Soleiman acquired 98 shares of CMC Markets stock. The stock was purchased at an average cost of GBX 303 ($3.86) per share, with a total value of £296.94 ($378.41).

CMC Markets Trading Down 2.7 %

Shares of CMCX stock opened at GBX 285.50 ($3.64) on Monday. The company has a market capitalization of £798.89 million, a P/E ratio of 1,679.41 and a beta of 0.51. The company has a current ratio of 2.00, a quick ratio of 2.47 and a debt-to-equity ratio of 5.95. The business’s 50 day moving average is GBX 306.42 and its two-hundred day moving average is GBX 306.16. CMC Markets Plc has a twelve month low of GBX 90.10 ($1.15) and a twelve month high of GBX 349 ($4.45).

CMC Markets Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 5th will be paid a GBX 3.10 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a yield of 0.92%. CMC Markets’s dividend payout ratio is currently 4,705.88%.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “hold” rating on shares of CMC Markets in a research report on Thursday, November 21st.

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.