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

Shares of CML Microsystems plc (LON:CML) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 288.93 and traded as low as GBX 250. CML Microsystems shares last traded at GBX 258, with a volume of 41,870 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of CML Microsystems in a report on Tuesday, November 18th.

CML Microsystems Price Performance

The company has a debt-to-equity ratio of 1.68, a quick ratio of 6.38 and a current ratio of 3.63. The stock has a market capitalization of £42.84 million, a price-to-earnings ratio of 36.29 and a beta of 0.81. The company has a 50-day moving average of GBX 287.20 and a 200-day moving average of GBX 288.93.

CML Microsystems (LON:CML) last posted its quarterly earnings data on Tuesday, November 18th. The company reported GBX 11.57 earnings per share for the quarter. CML Microsystems had a net margin of 9.00% and a return on equity of 4.11%. As a group, equities research analysts expect that CML Microsystems plc will post 9.3065693 earnings per share for the current fiscal year.

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. 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.