CML Microsystems’ (CML) “House Stock” Rating Reiterated at Shore Capital Group

Shore Capital Group restated their house stock rating on shares of CML Microsystems (LON:CML) in a research report released on Tuesday morning,Digital Look reports.

CML Microsystems Trading Up 1.0%

Shares of CML Microsystems stock opened at GBX 318 on Tuesday. The stock has a market cap of £52.98 million, a PE ratio of -963.64 and a beta of 0.26. The firm has a fifty day moving average price of GBX 275.30 and a 200 day moving average price of GBX 259.90. CML Microsystems has a 1 year low of GBX 194 and a 1 year high of GBX 380. The company has a debt-to-equity ratio of 3.80, a current ratio of 3.83 and a quick ratio of 6.38.

CML Microsystems (LON:CML) last posted its quarterly earnings results on Wednesday, June 17th. The company reported GBX (0.33) EPS for the quarter. The business had revenue of GBX 2,045 million during the quarter. CML Microsystems had a negative net margin of 0.26% and a negative return on equity of 0.11%. Equities research analysts predict that CML Microsystems will post 9.3065693 earnings per share for the current 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. It has secured a diverse, blue chip customer base, including some of the world’s leading commercial and industrial product manufacturers.

The spread of its customers and diversity of the product range largely protects the business from the cyclicality usually associated with the semiconductor industry.