Solid State plc (LON:SOLI) Insider Sells £9,015 in Stock

Solid State plc (LON:SOLI - Get Free Report) insider Peter Owen James sold 7,212 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of GBX 125 ($1.55), for a total transaction of £9,015 ($11,182.09).

Solid State Stock Performance

SOLI stock traded up GBX 12.50 ($0.16) during trading hours on Friday, hitting GBX 145 ($1.80). 120,000 shares of the stock were exchanged, compared to its average volume of 95,011. The company has a current ratio of 1.92, a quick ratio of 0.98 and a debt-to-equity ratio of 25.82. The company has a 50-day simple moving average of GBX 137.48 and a two-hundred day simple moving average of GBX 579.74. Solid State plc has a 12 month low of GBX 102.55 ($1.27) and a 12 month high of GBX 308 ($3.82). The firm has a market capitalization of £82.43 million, a P/E ratio of 966.67 and a beta of 1.05.

Solid State (LON:SOLI - Get Free Report) last released its earnings results on Tuesday, December 10th. The company reported GBX 17.70 ($0.22) earnings per share (EPS) for the quarter. Solid State had a return on equity of 14.53% and a net margin of 5.43%. On average, analysts forecast that Solid State plc will post 13.6195996 earnings per share for the current fiscal year.

Solid State Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 23rd will be given a GBX 0.83 ($0.01) dividend. This represents a yield of 0.69%. The ex-dividend date of this dividend is Thursday, January 23rd. Solid State's dividend payout ratio is presently 2,666.67%.

Solid State Company Profile

Solid State plc AIM: SOLI is a leading value-added electronics group supplying commercial, industrial and defence markets with durable components, assemblies and manufactured systems for use in critical applications, with a particular emphasis on harsh operational environments. Solid State's products are found around the world, from the ocean floor to the edge of space, ensuring the smooth operation of systems that augment our everyday lives. The company has a core focus on industrial and ruggedised computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays. Operating through two divisions (systems and components) the group thrives on complex engineering challenges, often requiring design-in support and component sourcing.