CML Microsystems (LON:CML) Trading Up 2.5%

CML Microsystems Plc (LON:CML) shares were up 2.5% on Monday . The stock traded as high as GBX 360 ($4.74) and last traded at GBX 362 ($4.76), approximately 11,984 shares were traded during trading. An increase of 233% from the average daily volume of 3,602 shares. The stock had previously closed at GBX 353 ($4.64).

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

The firm has a market cap of $62.17 million and a price-to-earnings ratio of 40.90. The firm’s 50 day moving average price is GBX 344.88 and its two-hundred day moving average price is GBX 320.16. The company has a debt-to-equity ratio of 2.28, a current ratio of 4.60 and a quick ratio of 3.89.

About CML Microsystems (LON:CML)

CML Microsystems Plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications and data storage industries in Europe, the Far East, the Americas, and internationally. It primarily offers integrated circuits. The company provides its products for industrial flash memory cards, solid state drives, and embedded storage products; and professional and industrial voice and/or data communications products.

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