CML Microsystems (LON:CML) Hits New 12-Month Low at $260.00

CML Microsystems plc (LON:CML) hit a new 52-week low during trading on Monday . The company traded as low as GBX 260 ($3.43) and last traded at GBX 264 ($3.49), with a volume of 4836 shares changing hands. The stock had previously closed at GBX 264.90 ($3.50).

Wall Street Analyst Weigh In

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

CML Microsystems Trading Down 0.3 %

The company has a current ratio of 3.63, a quick ratio of 6.38 and a debt-to-equity ratio of 1.68. The firm has a market cap of £42.29 million, a PE ratio of 2,030.77 and a beta of 0.81. The company has a 50-day simple moving average of GBX 297.44 and a 200 day simple moving average of GBX 334.64.

CML Microsystems Increases Dividend

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