CML Microsystems (LON:CML) Earns House Stock Rating from Shore Capital

Shore Capital restated their house stock rating on shares of CML Microsystems (LON:CML) in a report published on Friday morning, MarketBeat Ratings reports.

CML Microsystems Stock Performance

CML Microsystems stock opened at GBX 213.50 ($2.76) on Friday. CML Microsystems has a fifty-two week low of GBX 195 ($2.52) and a fifty-two week high of GBX 420 ($5.43). The company has a debt-to-equity ratio of 1.68, a quick ratio of 6.38 and a current ratio of 3.63. The stock has a market cap of £34.30 million, a P/E ratio of 16.73 and a beta of 0.81. The firm’s fifty day moving average price is GBX 241.67 and its 200-day moving average price is GBX 257.96.

Insider Buying and Selling at CML Microsystems

In other news, insider Nathan Zommer bought 100,000 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The stock was bought at an average price of GBX 220 ($2.84) per share, for a total transaction of £220,000 ($284,458.24). Company insiders own 43.34% of the company’s stock.

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.