CML Microsystems (LON:CML) Sets New 52-Week High - Here's What Happened

CML Microsystems plc (LON:CML - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 337 ($4.53) and last traded at GBX 327.40 ($4.40), with a volume of 23092 shares traded. The stock had previously closed at GBX 325 ($4.36).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "house stock" rating on shares of CML Microsystems in a research note on Thursday, July 10th.

CML Microsystems Trading Up 1.3%

The stock has a market cap of £51.25 million, a price-to-earnings ratio of 25.00 and a beta of 0.81. The business has a 50 day simple moving average of GBX 261.39 and a two-hundred day simple moving average of GBX 251.31. 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 earnings results 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, equities analysts anticipate that CML Microsystems plc will post 9.3065693 EPS for the current 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.