Insider Buying: CML Microsystems plc (LON:CML) Insider Acquires 9,250 Shares of Stock

CML Microsystems plc (LON:CML) insider Nigel G. Clark acquired 9,250 shares of CML Microsystems stock in a transaction that occurred on Friday, March 28th. The stock was purchased at an average cost of GBX 215 ($2.78) per share, for a total transaction of £19,887.50 ($25,714.38).

CML Microsystems Stock Performance

CML stock opened at GBX 215 ($2.78) on Monday. CML Microsystems plc has a twelve month low of GBX 195 ($2.52) and a twelve month high of GBX 420 ($5.43). The firm has a market cap of £34.54 million, a price-to-earnings ratio of 16.85 and a beta of 0.81. The business’s fifty day simple moving average is GBX 241.67 and its two-hundred day simple moving average is GBX 257.96. The company has a quick ratio of 6.38, a current ratio of 3.63 and a debt-to-equity ratio of 1.68.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of CML Microsystems in a research note on Friday.

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.