Shares of CML Microsystems Plc (LON:CML) shot up 0.5% during mid-day trading on Thursday . The company traded as high as GBX 368 ($4.84) and last traded at GBX 370 ($4.87), 5,000 shares changed hands during trading. An increase of 39% from the average session volume of 3,602 shares. The stock had previously closed at GBX 368 ($4.84).
Separately, Shore Capital reissued a “house stock” rating on shares of CML Microsystems in a research note on Tuesday, November 19th.
The firm has a market capitalization of $63.19 million and a PE ratio of 41.57. The business has a 50 day moving average price of GBX 362.78 and a 200-day moving average price of GBX 330.09. The company has a current ratio of 4.60, a quick ratio of 3.89 and a debt-to-equity ratio of 2.28.
CML Microsystems Company Profile (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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