CML Microsystems (LON:CML) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

CML Microsystems plc (LON:CML) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 283.53 ($3.49) and traded as low as GBX 282.56 ($3.48). CML Microsystems shares last traded at GBX 290 ($3.57), with a volume of 2,350 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of CML Microsystems in a research note on Tuesday, November 19th.

CML Microsystems Stock Performance

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 company has a market capitalization of £47.62 million, a PE ratio of 2,230.77 and a beta of 0.81. The company has a 50-day moving average price of GBX 262.30 and a two-hundred day moving average price of GBX 283.53.

CML Microsystems Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 28th were given a GBX 5 ($0.06) dividend. The ex-dividend date of this dividend was Thursday, November 28th. This represents a dividend yield of 1.95%. CML Microsystems’s dividend payout ratio (DPR) is presently 8,461.54%.

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.