CML Microsystems (LON:CML) Given House Stock Rating at Shore Capital

CML Microsystems (LON:CML)‘s stock had its “house stock” rating restated by research analysts at Shore Capital in a report issued on Tuesday,Digital Look reports.

CML Microsystems Trading Down 10.6 %

CML traded down GBX 27.26 ($0.35) during midday trading on Tuesday, reaching GBX 228.74 ($2.90). 178,365 shares of the company were exchanged, compared to its average volume of 21,926. The company has a debt-to-equity ratio of 1.68, a quick ratio of 6.38 and a current ratio of 3.63. The stock has a market capitalization of £37.56 million, a P/E ratio of 1,759.54 and a beta of 0.81. The stock’s 50-day simple moving average is GBX 268.36 and its 200 day simple moving average is GBX 311.63. CML Microsystems has a one year low of GBX 215.15 ($2.73) and a one year high of GBX 450 ($5.70).

Insider Activity

In related news, insider Nigel G. Clark purchased 7,310 shares of the business’s stock in a transaction on Wednesday, September 25th. The shares were purchased at an average price of GBX 271 ($3.44) per share, with a total value of £19,810.10 ($25,111.04). 43.34% of the stock is owned by company insiders.

CML Microsystems Company Profile

CML Microsystems plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications industries in the United Kingdom, the Americas, and Far East. It primarily offers high performance radio frequency products and mixed-signal baseband/modem processors for wireless and satellite, network infrastructure, internet of things, broadcast, and aerospace and defense markets.