CML Microsystems (LON:CML) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

CML Microsystems plc (LON:CML) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 272.28 and traded as low as GBX 216. CML Microsystems shares last traded at GBX 220, with a volume of 16,162 shares trading hands.

CML Microsystems Trading Up 0.5%

The company has a current ratio of 3.33, a quick ratio of 6.38 and a debt-to-equity ratio of 4.04. The stock has a market capitalization of £36.53 million, a PE ratio of 30.94 and a beta of 0.07. The stock has a 50 day moving average price of GBX 239.65 and a 200-day moving average price of GBX 272.28.

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. 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.