CML Microsystems (LON:CML) Stock Crosses Below 200 Day Moving Average – Should You Sell?

CML Microsystems plc (LON:CMLGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 261.93 ($3.40) and traded as low as GBX 238.75 ($3.10). CML Microsystems shares last traded at GBX 238.75 ($3.10), with a volume of 5,430 shares.

CML Microsystems Price Performance

The company has a current ratio of 3.63, a quick ratio of 6.38 and a debt-to-equity ratio of 1.68. The stock has a fifty day simple moving average of GBX 248.92 and a 200-day simple moving average of GBX 261.76. The stock has a market cap of £37.38 million, a price-to-earnings ratio of 18.23 and a beta of 0.81.

Insider Transactions at CML Microsystems

In other news, insider Nathan Zommer purchased 100,000 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average cost of GBX 220 ($2.85) per share, for a total transaction of £220,000 ($285,269.71). 43.34% of the stock is currently owned by corporate insiders.

About CML Microsystems

(Get Free Report)

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.

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