CML Microsystems (LON:CML) Given House Stock Rating at Shore Capital

CML Microsystems (LON:CML)‘s stock had its “house stock” rating restated by equities researchers at Shore Capital in a report released on Friday,Digital Look reports.

CML Microsystems Trading Down 1.4 %

Shares of CML Microsystems stock opened at GBX 207.05 ($2.68) on Friday. CML Microsystems has a twelve month low of GBX 195 ($2.52) and a twelve month high of GBX 420 ($5.44). The company has a quick ratio of 6.38, a current ratio of 3.63 and a debt-to-equity ratio of 1.68. The business has a 50-day moving average price of GBX 242.71 and a 200-day moving average price of GBX 258.91. The firm has a market cap of £33.26 million, a price-to-earnings ratio of 16.23 and a beta of 0.81.

Insiders Place Their Bets

In other CML Microsystems news, insider Nathan Zommer acquired 100,000 shares of the stock in a transaction on Friday, February 28th. The stock was acquired at an average price of GBX 220 ($2.85) per share, for a total transaction of £220,000 ($284,826.51). Corporate 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.