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

Shore Capital restated their house stock rating on shares of CML Microsystems (LON:CML) in a research note published on Tuesday, Marketbeat.com reports.

CML Microsystems Price Performance

LON:CML opened at GBX 228.74 ($2.90) on Tuesday. The company has a debt-to-equity ratio of 1.68, a current ratio of 3.63 and a quick ratio of 6.38. CML Microsystems has a one year low of GBX 215.15 ($2.73) and a one year high of GBX 450 ($5.71). The company has a fifty day moving average price of GBX 267.73 and a 200 day moving average price of GBX 310.56. The stock has a market cap of £37.56 million, a P/E ratio of 1,738.46 and a beta of 0.81.

CML Microsystems Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 28th will be paid a GBX 5 ($0.06) dividend. This represents a dividend yield of 1.95%. The ex-dividend date of this dividend is Thursday, November 28th. CML Microsystems’s payout ratio is presently 8,461.54%.

Insider Activity at CML Microsystems

In other news, insider Nigel G. Clark acquired 7,310 shares of CML Microsystems stock in a transaction on Wednesday, September 25th. The stock was bought at an average price of GBX 271 ($3.44) per share, for a total transaction of £19,810.10 ($25,139.72). Corporate insiders own 43.34% of the company’s stock.

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.