CML Microsystems plc (LON:CML) Insider Acquires £19,887.50 in Stock

CML Microsystems plc (LON:CMLGet Free Report) insider Nigel G. Clark bought 9,250 shares of the company’s stock in a transaction on Friday, March 28th. The shares were acquired at an average price of GBX 215 ($2.78) per share, for a total transaction of £19,887.50 ($25,714.38).

CML Microsystems Trading Up 0.7 %

Shares of LON:CML opened at GBX 215 ($2.78) on Monday. The company has a market capitalization of £34.54 million, a PE ratio of 16.85 and a beta of 0.81. 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 plc has a 12-month low of GBX 195 ($2.52) and a 12-month high of GBX 420 ($5.43). The business’s fifty day simple moving average is GBX 241.67 and its 200-day simple moving average is GBX 257.96.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of CML Microsystems in a research note on Friday.

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CML Microsystems Company Profile

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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.

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