CML Microsystems plc (LON:CML – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 329.75 ($4.41) and traded as low as GBX 276.15 ($3.69). CML Microsystems shares last traded at GBX 277.50 ($3.71), with a volume of 2,487 shares.
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a “house stock” rating on shares of CML Microsystems in a report on Wednesday, August 14th.
Check Out Our Latest Stock Analysis on CML
CML Microsystems Stock Performance
Insiders Place Their Bets
In other news, insider Nigel G. Clark acquired 7,310 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The stock was acquired at an average cost of GBX 271 ($3.62) per share, with a total value of £19,810.10 ($26,498.26). 43.58% of the stock is currently owned by corporate insiders.
CML Microsystems Company Profile
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.
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