CML Microsystems (LON:CML) Given House Stock Rating at Shore Capital

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 reaffirmed by investment analysts at Shore Capital in a report issued on Tuesday, MarketBeat.com reports.

CML Microsystems Trading Down 6.5%

Shares of CML Microsystems stock traded down GBX 20 ($0.27) on Tuesday, hitting GBX 290 ($3.90). The stock had a trading volume of 8,277 shares, compared to its average volume of 17,496. The stock has a 50 day moving average of GBX 277.71 and a 200 day moving average of GBX 254.89. CML Microsystems has a twelve month low of GBX 195 ($2.62) and a twelve month high of GBX 330 ($4.44). The company has a debt-to-equity ratio of 1.68, a quick ratio of 6.38 and a current ratio of 3.63. The firm has a market capitalization of £46.59 million, a P/E ratio of 22.73 and a beta of 0.81.

CML Microsystems (LON:CML - Get Free Report) last released 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 net margin of 9.00% and a return on equity of 4.11%. Sell-side analysts expect that CML Microsystems will post 9.3065693 earnings per share for the current fiscal year.

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.