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

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

CML Microsystems Trading Up 4.0 %

Shares of LON CML opened at GBX 235 ($2.97) on Tuesday. The firm’s 50 day moving average price is GBX 266.55 and its 200-day moving average price is GBX 309.41. The company has a market cap of £38.59 million, a PE ratio of 1,807.69 and a beta of 0.81. CML Microsystems has a 52-week low of GBX 215.15 ($2.72) and a 52-week high of GBX 450 ($5.69). The company has a debt-to-equity ratio of 1.68, a quick ratio of 6.38 and a current ratio of 3.63.

Insiders Place Their Bets

In other news, insider Nigel G. Clark acquired 7,310 shares of CML Microsystems stock in a transaction dated Wednesday, September 25th. The stock was purchased at an average cost of GBX 271 ($3.43) per share, with a total value of £19,810.10 ($25,066.56). Insiders own 43.34% of the company’s stock.

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.