CML Microsystems plc (LON:CML – Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 317.11 ($4.13) and traded as low as GBX 263.80 ($3.43). CML Microsystems shares last traded at GBX 265 ($3.45), with a volume of 114,461 shares traded.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a “house stock” rating on shares of CML Microsystems in a research note on Wednesday, August 14th.
Read Our Latest Analysis on CML Microsystems
CML Microsystems Trading Down 0.7 %
Insider Activity at CML Microsystems
In other CML Microsystems news, insider Nigel G. Clark purchased 7,310 shares of CML Microsystems stock in a transaction that occurred on Wednesday, September 25th. The stock was acquired at an average price of GBX 271 ($3.53) per share, for a total transaction of £19,810.10 ($25,787.69). 43.34% of the stock is currently owned by company 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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