CML Microsystems (LON:CML) Hits New 1-Year Low at $270.00

CML Microsystems plc (LON:CML) shares reached a new 52-week low on Tuesday . The company traded as low as GBX 270 ($3.57) and last traded at GBX 272.45 ($3.60), with a volume of 17636 shares. The stock had previously closed at GBX 280 ($3.70).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of CML Microsystems in a report on Wednesday, August 14th.

CML Microsystems Price Performance

The firm has a market capitalization of £43.65 million, a P/E ratio of 2,095.73 and a beta of 0.81. The company has a quick ratio of 6.38, a current ratio of 3.63 and a debt-to-equity ratio of 1.68. The stock has a fifty day moving average of GBX 301.34 and a 200-day moving average of GBX 338.17.

CML Microsystems Increases Dividend

The business also recently announced a dividend, which was paid on Friday, August 16th. Stockholders of record on Thursday, August 1st were given 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 dividend yield of 1.78%. The ex-dividend date of this dividend was Thursday, August 1st. CML Microsystems’s payout ratio is presently 8,461.54%.

CML Microsystems Company Profile

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.