Shore Capital Reaffirms "House Stock" Rating for CML Microsystems (LON:CML)

Key Points

• CML Microsystems' "house stock" rating has been reiterated by Shore Capital, indicating continued confidence in the company’s performance.
• The company's stock rose 2.3% on Tuesday, reaching GBX 312 ($4.15), with a market cap of £50.13 million.
• CML Microsystems reported a net margin of 9.00% and a return on equity of 4.11% in its latest quarterly earnings, demonstrating its financial health.

CML Microsystems (LON:CML - Get Free Report)'s stock had its "house stock" rating restated by equities researchers at Shore Capital in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports.

CML Microsystems Price Performance

CML traded down GBX 10 ($0.13) during trading on Tuesday, hitting GBX 300 ($4.03). 11,112 shares of the company traded hands, compared to its average volume of 17,602. The company has a market cap of £48.20 million, a PE ratio of 23.51 and a beta of 0.81. The stock's 50-day simple moving average is GBX 277.29 and its two-hundred day simple moving average is GBX 254.65. CML Microsystems has a 1 year low of GBX 195 ($2.62) and a 1 year high of GBX 330 ($4.44). The company has a current ratio of 3.63, a quick ratio of 6.38 and a debt-to-equity ratio of 1.68.

CML Microsystems (LON:CML - Get Free Report) last issued its quarterly earnings data on Tuesday, June 24th. The company reported GBX (0.11) ($0.00) earnings per share (EPS) for the quarter. CML Microsystems had a return on equity of 4.11% and a net margin of 9.00%. As a group, sell-side analysts anticipate that CML Microsystems will post 9.3065693 earnings per share for the current fiscal year.

CML Microsystems Company Profile

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.