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

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

CML Microsystems Stock Performance

Shares of CML stock opened at GBX 293.11 on Tuesday. CML Microsystems has a one year low of GBX 194 and a one year high of GBX 380. The company’s 50-day moving average is GBX 275.79 and its 200 day moving average is GBX 258.52. The company has a market capitalization of £48.83 million, a price-to-earnings ratio of -888.22 and a beta of 0.26. The company has a debt-to-equity ratio of 3.80, a quick ratio of 6.38 and a current ratio of 3.83.

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