CML Microsystems (LON:CML) Stock Crosses Below Fifty Day Moving Average of $288.98

CML Microsystems Plc (LON:CML)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $288.98 and traded as low as $307.76. CML Microsystems shares last traded at $309.00, with a volume of 3,890 shares traded.

The company has a market capitalization of $52.59 million and a price-to-earnings ratio of 20.00. The company has a debt-to-equity ratio of 1.56, a current ratio of 3.75 and a quick ratio of 3.24. The stock has a 50-day simple moving average of GBX 289.60.

The business also recently announced a dividend, which will be paid on Monday, August 5th. Investors of record on Thursday, July 4th will be given a dividend of GBX 5.80 ($0.08) per share. This is a positive change from CML Microsystems’s previous dividend of $2.00. This represents a yield of 2.14%. The ex-dividend date of this dividend is Thursday, July 4th. CML Microsystems’s dividend payout ratio (DPR) is currently 0.52%.

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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