Shore Capital Reiterates House Stock Rating for CML Microsystems (LON:CML)

CML Microsystems (LON:CMLGet Free Report)‘s stock had its “house stock” rating reissued by equities research analysts at Shore Capital in a research report issued to clients and investors on Friday,Digital Look reports.

CML Microsystems Trading Down 1.4 %

Shares of LON:CML opened at GBX 207.05 ($2.68) on Friday. The stock has a 50 day moving average of GBX 242.71 and a 200 day moving average of GBX 258.91. The company has a market cap of £33.26 million, a PE ratio of 16.23 and a beta of 0.81. CML Microsystems has a 12-month low of GBX 195 ($2.52) and a 12-month high of GBX 420 ($5.44). The company has a current ratio of 3.63, a quick ratio of 6.38 and a debt-to-equity ratio of 1.68.

Insiders Place Their Bets

In other CML Microsystems news, insider Nathan Zommer acquired 100,000 shares of the stock in a transaction dated Friday, February 28th. The shares were acquired at an average cost of GBX 220 ($2.85) per share, for a total transaction of £220,000 ($284,826.51). Company insiders own 43.34% of the company’s stock.

CML Microsystems Company Profile

(Get Free Report)

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.

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