Shore Capital Reaffirms “House Stock” Rating for CML Microsystems (LON:CML)

CML Microsystems (LON:CML)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital in a research note issued on Tuesday, MarketBeat Ratings reports.

CML Microsystems Stock Performance

Shares of LON:CML opened at GBX 282 on Tuesday. CML Microsystems has a 12-month low of GBX 195 and a 12-month high of GBX 350. The business’s fifty day simple moving average is GBX 285.54 and its 200-day simple moving average is GBX 278.25. The company has a market capitalization of £46.80 million, a PE ratio of -2,563.64 and a beta of 0.81. The company has a current ratio of 3.63, a quick ratio of 6.38 and a debt-to-equity ratio of 1.68.

CML Microsystems (LON:CML) last posted its earnings results on Tuesday, November 18th. The company reported GBX 11.57 earnings per share (EPS) for the quarter. CML Microsystems had a return on equity of 4.11% and a net margin of 9.00%. As a group, equities research analysts predict that CML Microsystems will post 9.3065693 earnings per share for the current fiscal year.

Insider Activity at CML Microsystems

In other news, insider Nathan Zommer bought 559,134 shares of the firm’s stock in a transaction that occurred on Wednesday, October 8th. The stock was bought at an average price of GBX 262 per share, with a total value of £1,464,931.08. 26.43% of the stock is currently owned by company insiders.

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.