Insider Buying: CML Microsystems plc (LON:CML) Insider Purchases 7,310 Shares of Stock

CML Microsystems plc (LON:CML) insider Nigel G. Clark bought 7,310 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The shares were acquired at an average cost of GBX 271 ($3.63) per share, for a total transaction of £19,810.10 ($26,526.65).

CML Microsystems Stock Up 3.5 %

LON CML opened at GBX 274.40 ($3.67) on Wednesday. The company has a quick ratio of 6.38, a current ratio of 3.63 and a debt-to-equity ratio of 1.68. CML Microsystems plc has a 52 week low of GBX 260 ($3.48) and a 52 week high of GBX 450 ($6.03). The firm has a market capitalization of £43.96 million, a price-to-earnings ratio of 2,034.62 and a beta of 0.81. The company has a fifty day moving average of GBX 295.04 and a two-hundred day moving average of GBX 333.05.

CML Microsystems Increases Dividend

The business also recently declared a dividend, which was paid on Friday, August 16th. Stockholders of record on Thursday, August 1st were issued a GBX 6 ($0.08) dividend. The ex-dividend date was Thursday, August 1st. This is a boost from CML Microsystems’s previous dividend of $5.00. This represents a dividend yield of 1.78%. CML Microsystems’s dividend payout ratio is presently 8,461.54%.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of CML Microsystems in a research report on Wednesday, August 14th.

About CML Microsystems

CML Microsystems plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications industries in the United Kingdom, the Americas, and Far East. It primarily offers high performance radio frequency products and mixed-signal baseband/modem processors for wireless and satellite, network infrastructure, internet of things, broadcast, and aerospace and defense markets.