CML Microsystems (LON:CML) Announces Quarterly Earnings Results

CML Microsystems (LON:CML) posted its earnings results on Tuesday. The company reported GBX 11.57 earnings per share for the quarter, Digital Look Earnings reports. CML Microsystems had a return on equity of 4.11% and a net margin of 9.00%.

CML Microsystems Stock Up 2.8%

Shares of CML stock opened at GBX 289.98 on Wednesday. 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 company’s fifty day moving average price is GBX 285.40 and its 200-day moving average price is GBX 278.23. The company has a market capitalization of £48.12 million, a price-to-earnings ratio of -2,636.22 and a beta of 0.81. CML Microsystems has a one year low of GBX 195 and a one year high of GBX 350.

Insider Transactions at CML Microsystems

In other CML Microsystems news, insider Nathan Zommer purchased 559,134 shares of the stock in a transaction that occurred on Wednesday, October 8th. The shares were bought at an average cost of GBX 262 per share, with a total value of £1,464,931.08. Company insiders own 26.43% of the company’s stock.

Analysts Set New Price Targets

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

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.