CMC Markets (LON:CMCX) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

CMC Markets Plc (LON:CMCXGet Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 370.98 and traded as low as GBX 369.32. CMC Markets shares last traded at GBX 372.50, with a volume of 268,465 shares.

CMC Markets Price Performance

The stock’s 50 day moving average price is GBX 372.22 and its two-hundred day moving average price is GBX 330.42. The company has a debt-to-equity ratio of 8.41, a current ratio of 172.37 and a quick ratio of 2.47. The firm has a market capitalization of £1.18 billion, a price-to-earnings ratio of 18.68 and a beta of 0.58.

CMC Markets (LON:CMCXGet Free Report) last issued its quarterly earnings results on Thursday, June 4th. The company reported GBX 27.50 earnings per share for the quarter. CMC Markets had a net margin of 17.36% and a return on equity of 14.91%. The firm had revenue of £376.76 million during the quarter. On average, equities research analysts anticipate that CMC Markets Plc will post 20.9884902 EPS for the current year.

CMC Markets Company Profile

(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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