CML Microsystems (LON:CML) Hits New 52-Week Low at $270.00

Shares of CML Microsystems plc (LON:CML) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 270 ($3.57) and last traded at GBX 272.45 ($3.60), with a volume of 17636 shares traded. The stock had previously closed at GBX 280 ($3.70).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of CML Microsystems in a research report on Wednesday, August 14th.

CML Microsystems Stock Performance

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 stock has a market capitalization of £42.45 million, a P/E ratio of 2,038.46 and a beta of 0.81. The stock’s 50-day simple moving average is GBX 299.74 and its 200 day simple moving average is GBX 336.86.

CML Microsystems Increases Dividend

The company also recently announced a dividend, which was paid on Friday, August 16th. Stockholders of record on Thursday, August 1st were issued a dividend of GBX 6 ($0.08) per share. The ex-dividend date was Thursday, August 1st. This represents a dividend yield of 1.78%. This is an increase from CML Microsystems’s previous dividend of $5.00. CML Microsystems’s dividend payout ratio (DPR) is currently 8,461.54%.

About CML Microsystems

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.