CML Microsystems plc (LON:CML – Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 258.29 and traded as high as GBX 288. CML Microsystems shares last traded at GBX 280, with a volume of 39,064 shares.
Analyst Upgrades and Downgrades
Separately, Shore Capital Group reissued a “house stock” rating on shares of CML Microsystems in a research report on Wednesday, June 17th.
CML Microsystems Price Performance
CML Microsystems (LON:CML – Get Free Report) last issued its quarterly earnings data on Wednesday, June 17th. The company reported GBX (0.33) earnings per share for the quarter. CML Microsystems had a negative return on equity of 0.11% and a negative net margin of 0.26%.The company had revenue of GBX 2,045 million for the quarter. Sell-side analysts forecast that CML Microsystems plc will post 9.3065693 EPS 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.
Recommended Stories
- Five stocks we like better than CML Microsystems
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for CML Microsystems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CML Microsystems and related companies with MarketBeat.com's FREE daily email newsletter.
