CML Microsystems (LON:CML) Reaches New 52-Week Low – Time to Sell?

CML Microsystems plc (LON:CML) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 210 ($2.66) and last traded at GBX 230.25 ($2.92), with a volume of 417385 shares trading hands. The stock had previously closed at GBX 232.50 ($2.95).

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 Down 1.0 %

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 £36.99 million, a PE ratio of 18.04 and a beta of 0.81. The company’s 50 day moving average is GBX 261.43 and its two-hundred day moving average is GBX 267.90.

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.