CMC Markets (CMCX)

Sector:

Financials

Index:

FTSE 250

216.50p
   
  • Change Today:
      1.00p
  • 52 Week High: 339.50
  • 52 Week Low: 167.40
  • Currency: UK Pounds
  • Shares Issued: 279.82m
  • Volume: 120,294
  • Market Cap: £605.80m
  • Beta: 0.02

CMC Markets tumbles after very short update

By Michele Maatouk

Date: Thursday 23 Jan 2025

LONDON (ShareCast) - (Sharecast News) - Shares in CMC Markets tumbled on Thursday after the trading platform issued a very brief trading update, saying it remains on track to deliver annual net operating income in line with previous guidance.
In an update for the period from 1 October to the end of December 2024, the company also said it was still set to meet its costs guidance of about £225m, excluding variable remuneration and non-recurring charges.

At 1100 GMT, the shares were down 14% at 227.50p.

Shore Capital analyst Vivek Raja said: "The share price has been strong over the past couple of weeks, so to the extent the market was expecting a more positive trading update today (perhaps more news on how the Revolut partnership has progressed), we could imagine weakness today."

Shore has a 'hold' recommendation on the stock.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CMC Markets Market Data

Currency UK Pounds
Share Price 216.50p
Change Today 1.00p
% Change 0.46 %
52 Week High 339.50
52 Week Low 167.40
Volume 120,294
Shares Issued 279.82m
Market Cap £605.80m
Beta 0.02

CMC Markets Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.57% below the market average53.57% below the market average53.57% below the market average53.57% below the market average53.57% below the market average
65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average
Price Trend
3.76% below the market average3.76% below the market average3.76% below the market average3.76% below the market average3.76% below the market average
9.91% below the sector average9.91% below the sector average9.91% below the sector average9.91% below the sector average9.91% below the sector average
Income
44.99% above the market average44.99% above the market average44.99% above the market average44.99% above the market average44.99% above the market average
6.25% below the sector average6.25% below the sector average6.25% below the sector average6.25% below the sector average6.25% below the sector average
Growth
77.16% below the market average77.16% below the market average77.16% below the market average77.16% below the market average77.16% below the market average
58% below the sector average58% below the sector average58% below the sector average58% below the sector average58% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 4
Sell 0
Strong Sell 1
Total 6
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CMC Markets Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Dec-24 11-Jul-24
Paid 09-Jan-25 09-Aug-24
Amount 3.10p 7.30p

Trades for 14-Mar-2025

Time Volume / Share Price
16:20 0 @ 216.00p
16:35 56,753 @ 216.50p
16:35 21 @ 216.50p
16:35 46 @ 216.50p
16:35 655 @ 216.50p

CMC Markets Key Personnel

CEO Peter Cruddas

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