Shore Capital Reaffirms House Stock Rating for CML Microsystems (LON:CML)

Shore Capital reissued their house stock rating on shares of CML Microsystems (LON:CML) in a research note issued to investors on Tuesday, Marketbeat Ratings reports.

CML Microsystems Stock Up 5.6 %

CML stock opened at GBX 318.50 ($4.03) on Tuesday. The company has a current ratio of 11.54, a quick ratio of 6.38 and a debt-to-equity ratio of 1.93. The firm has a 50 day simple moving average of GBX 367.45 and a 200-day simple moving average of GBX 377.63. The company has a market capitalization of £51.28 million, a P/E ratio of 1,137.50 and a beta of 0.81. CML Microsystems has a twelve month low of GBX 290 ($3.67) and a twelve month high of GBX 460.95 ($5.83).

CML Microsystems Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 16th. Shareholders of record on Thursday, August 1st will be issued a dividend of GBX 6 ($0.08) per share. This is a positive change from CML Microsystems’s previous dividend of $5.00. This represents a yield of 1.78%. The ex-dividend date of this dividend is Thursday, August 1st. CML Microsystems’s dividend payout ratio (DPR) is currently 3,928.57%.

About CML Microsystems

CML Microsystems plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications industries in the United Kingdom, the Americas, and Far East. It primarily offers high performance radio frequency products and mixed-signal baseband/modem processors for wireless and satellite, network infrastructure, internet of things, broadcast, and aerospace and defense markets.