CML Microsystems’ (CML) House Stock Rating Reaffirmed at Shore Capital

Shore Capital reiterated their house stock rating on shares of CML Microsystems (LON:CML) in a report issued on Tuesday morning, Marketbeat.com reports.

CML Microsystems Stock Up 1.2 %

Shares of LON CML opened at GBX 228.74 ($2.90) on Tuesday. CML Microsystems has a 52-week low of GBX 215.15 ($2.73) and a 52-week high of GBX 450 ($5.71). 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 business has a fifty day moving average of GBX 267.73 and a two-hundred day moving average of GBX 310.56. The stock has a market cap of £37.56 million, a PE ratio of 1,738.46 and a beta of 0.81.

CML Microsystems Cuts Dividend

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

Insider Transactions at CML Microsystems

In other CML Microsystems news, insider Nigel G. Clark acquired 7,310 shares of CML Microsystems stock in a transaction on Wednesday, September 25th. The shares were bought at an average price of GBX 271 ($3.44) per share, with a total value of £19,810.10 ($25,139.72). Company 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.