Breaking Finance News

Shore Capital reiterated CMC Markets Plc (LON:CMCX) to Hold in a report released today.

Yesterday CMC Markets Plc (LON:CMCX) traded -3.67% lower at 204.85GBX. The company’s 50-day moving average is 249.17GBX and its 200-day moving average is 260.86GBX. The last closing price is down -24.48% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 306,911 shares of CMC Markets Plc exchanged hands, up from an avg. volume of 160,066

Shore Capital has reiterated CMC Markets Plc (LON:CMCX) to Hold in a report released on Thursday September 29, 2016.

Previously on 7/21/2016, Numis reported on CMC Markets Plc (LON:CMCX) held steady the target price at 280.00GBX. At the time, this indicated a possible downside of -0.01%.

Recent Performance Chart

CMC Markets Plc (LON:CMCX)

CMC Markets Plc has PE ratio of 13.13 with a one year low of 180.00GBX and a one year high of 293.60GBX and has a total market value of 0 GBX.

A total of 4 firms have issued a report on the stock. zero analysts rating the company a strong buy, one equity analyst rating the company a buy, two analysts rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of 299.25GBX.

About CMC Markets Plc (LON:CMCX)

CMC Markets plc is a holding company. The Company is a provider of online and mobile trading servicing both retail and institutional clients. The Company enables clients to trade over 10,000 financial instruments, including indices, commodities, foreign exchange (FX) and equities through its trading platform. It operates through three segments: UK and Ireland (UK & IE), Europe, and Australia, New Zealand and Singapore (APAC) and Canada. Clients can trade the markets via contracts for difference (CFDs), financial spread bets (UK and Ireland segment only) and binaries. With the Company's spread bet, a client bets a specific stake size per point movement of a product, rather than trading a specific number of shares or units. The Company offers four types of binaries: Ladder, One Touch, Up/Down and Range. It also offers Australian wholesale and retail clients the ability to buy and sell Australian Securities Exchange (ASX) and SSX (formerly APX) listed products and managed funds.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *