CML Microsystems (LON:CML) Rating Reiterated by Shore Capital

Shore Capital reissued their house stock rating on shares of CML Microsystems (LON:CML) in a report issued on Wednesday, MarketBeat Ratings reports.

CML Microsystems Stock Performance

LON:CML opened at GBX 302.50 ($3.86) on Wednesday. The stock has a market cap of £48.46 million, a P/E ratio of 2,326.92 and a beta of 0.81. The firm’s fifty day simple moving average is GBX 320.06 and its 200 day simple moving average is GBX 356.69. CML Microsystems has a twelve month low of GBX 289 ($3.69) and a twelve month high of GBX 450 ($5.75). The company has a quick ratio of 6.38, a current ratio of 3.63 and a debt-to-equity ratio of 1.68.

CML Microsystems Increases Dividend

The business also recently declared a dividend, which was paid on Friday, August 16th. Investors of record on Thursday, August 1st were issued a GBX 6 ($0.08) dividend. The ex-dividend date was Thursday, August 1st. This represents a yield of 1.78%. This is a boost from CML Microsystems’s previous dividend of $5.00. CML Microsystems’s payout ratio is 8,461.54%.

About CML Microsystems

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.