Insider Buying: CMC Markets Plc (LON:CMCX) Insider Acquires £320,246.80 in Stock

CMC Markets Plc (LON:CMCX) insider David Fineberg bought 148,952 shares of the company’s stock in a transaction dated Friday, March 7th. The stock was purchased at an average cost of GBX 215 ($2.79) per share, for a total transaction of £320,246.80 ($415,311.63).

David Fineberg also recently made the following trade(s):

• On Wednesday, March 5th, David Fineberg acquired 142 shares of CMC Markets stock. The stock was purchased at an average cost of GBX 211 ($2.74) per share, with a total value of £299.62 ($388.56).
• On Wednesday, February 5th, David Fineberg acquired 132 shares of CMC Markets stock. The shares were purchased at an average price of GBX 226 ($2.93) per share, for a total transaction of £298.32 ($386.88).
• On Monday, January 6th, David Fineberg bought 124 shares of CMC Markets stock. The stock was acquired at an average price of GBX 242 ($3.14) per share, with a total value of £300.08 ($389.16).

CMC Markets Price Performance

Shares of CMCX opened at GBX 215.50 ($2.79) on Thursday. The business’s 50-day moving average is GBX 226.92 and its 200-day moving average is GBX 274.66. 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 company has a market capitalization of £598.76 million, a price-to-earnings ratio of 1.82 and a beta of 0.51. CMC Markets Plc has a fifty-two week low of GBX 164.20 ($2.13) and a fifty-two week high of GBX 349 ($4.53).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “hold” rating on shares of CMC Markets in a report on Thursday, January 23rd.

About CMC Markets

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.