CML Microsystems (LON:CML) Hits New 12-Month Low – Time to Sell?

CML Microsystems plc (LON:CMLGet Free Report)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 195 ($2.51) and last traded at GBX 214.45 ($2.76), with a volume of 70734 shares traded. The stock had previously closed at GBX 226 ($2.91).

CML Microsystems Trading Down 5.1 %

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 stock has a market capitalization of £34.45 million, a PE ratio of 16.81 and a beta of 0.81. The business’s 50-day moving average is GBX 243.83 and its two-hundred day moving average is GBX 259.44.

Insider Activity at CML Microsystems

In other CML Microsystems news, insider Nathan Zommer purchased 100,000 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of GBX 220 ($2.83) per share, for a total transaction of £220,000 ($283,249.65). Insiders own 43.34% of the company’s stock.

About CML Microsystems

(Get Free Report)

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.

Further Reading

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