CMC Markets plc Declares Dividend of GBX 1 (LON:CMCX)

CMC Markets plc (LON:CMCX) declared a dividend on Thursday, November 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 7th will be paid a dividend of GBX 1 ($0.01) per share on Thursday, January 11th. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, December 7th. The official announcement can be viewed at this link.

CMC Markets Trading Down 1.6 %

Shares of LON CMCX opened at GBX 93.50 ($1.15) on Thursday. CMC Markets has a 12-month low of GBX 89.50 ($1.10) and a 12-month high of GBX 254 ($3.12). The company has a market cap of £261.63 million, a price-to-earnings ratio of 640.00 and a beta of 0.50. The company has a current ratio of 2.45, a quick ratio of 2.47 and a debt-to-equity ratio of 3.70. The stock’s 50 day simple moving average is GBX 100.21 and its 200 day simple moving average is GBX 135.18.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Royal Bank of Canada cut their target price on CMC Markets from GBX 250 ($3.07) to GBX 140 ($1.72) and set an “outperform” rating on the stock in a research note on Friday, September 8th. Peel Hunt downgraded shares of CMC Markets to an “add” rating and set a GBX 140 ($1.72) price objective on the stock. in a research report on Tuesday, September 5th.

Insider Activity

In related news, insider David Fineberg purchased 288 shares of the company’s stock in a transaction on Tuesday, September 5th. The shares were bought at an average cost of GBX 105 ($1.29) per share, for a total transaction of £302.40 ($371.36). In other news, insider Albert Soleiman purchased 312 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was purchased at an average cost of GBX 96 ($1.18) per share, with a total value of £299.52 ($367.83). Also, insider David Fineberg purchased 288 shares of the stock in a transaction dated Tuesday, September 5th. The shares were purchased at an average price of GBX 105 ($1.29) per share, for a total transaction of £302.40 ($371.36). Over the last ninety days, insiders have acquired 894 shares of company stock valued at $89,886. Company insiders own 64.87% of the company’s stock.

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.