CML Microsystems (LON:CML) Hits New 12-Month Low at $289.00

CML Microsystems plc (LON:CML) reached a new 52-week low on Monday . The company traded as low as GBX 289 ($3.69) and last traded at GBX 289 ($3.69), with a volume of 7838 shares trading hands. The stock had previously closed at GBX 297 ($3.80).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of CML Microsystems in a research report on Tuesday, July 2nd.

CML Microsystems Price Performance

The stock has a market capitalization of £46.53 million, a PE ratio of 1,060.71 and a beta of 0.81. The company has a debt-to-equity ratio of 1.93, a current ratio of 11.54 and a quick ratio of 6.38. The firm’s 50 day simple moving average is GBX 325.59 and its 200 day simple moving average is GBX 361.22.

CML Microsystems Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 16th. Shareholders of record on Thursday, August 1st will be paid a GBX 6 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, August 1st. This is an increase from CML Microsystems’s previous dividend of $5.00. This represents a yield of 1.78%. CML Microsystems’s payout ratio is currently 3,928.57%.

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.