CML Microsystems’ (CML) “House Stock” Rating Reiterated at Shore Capital

CML Microsystems (LON:CML)‘s stock had its “house stock” rating restated by research analysts at Shore Capital in a research report issued to clients and investors on Friday, Marketbeat.com reports.

CML Microsystems Stock Performance

LON:CML opened at GBX 213.50 ($2.76) on Friday. The company’s 50-day moving average is GBX 241.67 and its two-hundred day moving average is GBX 258.16. CML Microsystems has a 1-year low of GBX 195 ($2.52) and a 1-year high of GBX 420 ($5.44). The company has a debt-to-equity ratio of 1.68, a current ratio of 3.63 and a quick ratio of 6.38. The firm has a market capitalization of £34.30 million, a price-to-earnings ratio of 16.73 and a beta of 0.81.

Insider Activity at CML Microsystems

In other CML Microsystems news, insider Nathan Zommer acquired 100,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average cost of GBX 220 ($2.85) per share, with a total value of £220,000 ($284,752.78). 43.34% of the stock is currently owned by insiders.

About CML Microsystems

CML develops mixed-signal, RF and microwave semiconductors for global communications markets. The Group utilises a combination of outsourced manufacturing and in-house testing with trading operations in the UK, Asia and USA. CML targets sub-segments within Communication markets with strong growth profiles and high barriers to entry.