CML Microsystems (LON:CML) Receives “House Stock” Rating from Shore Capital Group

CML Microsystems (LON:CML)‘s stock had its “house stock” rating restated by research analysts at Shore Capital Group in a research report issued on Tuesday,Digital Look reports.

CML Microsystems Price Performance

Shares of LON:CML opened at GBX 293.11 on Tuesday. CML Microsystems has a fifty-two week low of GBX 194 and a fifty-two week high of GBX 380. The business has a 50-day simple moving average of GBX 275.79 and a two-hundred day simple moving average of GBX 258.52. The company has a debt-to-equity ratio of 3.80, a quick ratio of 6.38 and a current ratio of 3.83. The firm has a market cap of £48.83 million, a price-to-earnings ratio of -888.22 and a beta of 0.26.

CML Microsystems (LON:CML) last posted its earnings results on Wednesday, June 17th. The company reported GBX (0.33) earnings per share (EPS) for the quarter. CML Microsystems had a negative net margin of 0.26% and a negative return on equity of 0.11%. The company had revenue of GBX 2,045 million for the quarter. On average, analysts expect that CML Microsystems will post 9.3065693 earnings per share 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. 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.