CML Microsystems (LON:CML) Hits New 1-Year Low at $270.00

CML Microsystems plc (LON:CML)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 270 ($3.57) and last traded at GBX 272.45 ($3.60), with a volume of 17636 shares. The stock had previously closed at GBX 280 ($3.70).

Wall Street Analysts Forecast Growth

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

CML Microsystems Stock Performance

The firm’s fifty day simple moving average is GBX 301.34 and its 200 day simple moving average is GBX 338.17. The company has a market capitalization of £43.65 million, a price-to-earnings ratio of 2,095.73 and a beta of 0.81. The company has a debt-to-equity ratio of 1.68, a current ratio of 3.63 and a quick ratio of 6.38.

CML Microsystems Increases Dividend

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