CML Microsystems Issues Shares to Non-Executive Director

The latest update is out from CML Microsystems ( (GB:CML) ).

CML Microsystems announced that Nathan Zommer, a Non-Executive Director, has been issued 559,134 ordinary shares at 262 pence per share, increasing his total holding to approximately 7.54% of the company’s voting rights. This transaction, conducted on the London Stock Exchange’s AIM Market, reflects strategic share distribution within the company, potentially impacting its governance and stakeholder dynamics.

The most recent analyst rating on (GB:CML) stock is a Hold with a £263.00 price target. To see the full list of analyst forecasts on CML Microsystems stock, see the GB:CML Stock Forecast page.

Spark’s Take on GB:CML Stock

According to Spark, TipRanks’ AI Analyst, GB:CML is a Neutral.

CML Microsystems’ overall stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. The technical analysis suggests a bearish trend with weak momentum, while the valuation reflects a negative P/E ratio but offers a decent dividend yield. The absence of earnings call data and notable corporate events limits further insights.

To see Spark’s full report on GB:CML stock, click here.

More about CML Microsystems

CML Microsystems Plc develops mixed-signal, RF, and microwave semiconductors for global communications markets. The company operates with a combination of outsourced manufacturing and in-house testing, with trading operations in the UK, Asia, and the USA. CML targets sub-segments within communication markets that have strong growth profiles and high barriers to entry, securing a diverse customer base including leading commercial and industrial product manufacturers. The company is cash-generative, has no debt, and pays dividends.

Average Trading Volume: 21,983

Technical Sentiment Signal: Strong Sell

Current Market Cap: £40.87M

For detailed information about CML stock, go to TipRanks’ Stock Analysis page.