CML Microsystems plc (LON:CML – Get Free Report) insider Nathan Zommer acquired 100,000 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average cost of GBX 220 ($2.80) per share, for a total transaction of £220,000 ($279,578.09).
CML Microsystems Stock Up 2.6 %
Shares of CML opened at GBX 232.55 ($2.96) on Tuesday. The business’s 50 day moving average is GBX 259.53 and its 200 day moving average is GBX 266.54. The company has a market capitalization of £37.36 million, a PE ratio of 18.22 and a beta of 0.81. CML Microsystems plc has a 12-month low of GBX 210 ($2.67) and a 12-month high of GBX 420 ($5.34). The company has a current ratio of 3.63, a quick ratio of 6.38 and a debt-to-equity ratio of 1.68.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reissued a “house stock” rating on shares of CML Microsystems in a report on Tuesday, November 19th.
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.
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