Shares of Solid State plc (LON:SOLI - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 929.05 ($11.61) and traded as low as GBX 125 ($1.56). Solid State shares last traded at GBX 126.25 ($1.58), with a volume of 519,126 shares changing hands.
Solid State Stock Down 4.2 %
The company has a debt-to-equity ratio of 25.82, a quick ratio of 0.98 and a current ratio of 1.92. The stock's 50-day moving average price is GBX 182.08 and its two-hundred day moving average price is GBX 923.44. The stock has a market capitalization of £69.41 million, a PE ratio of 814.00 and a beta of 1.05.
Solid State Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 23rd will be issued a GBX 0.83 ($0.01) dividend. This represents a yield of 0.69%. The ex-dividend date is Thursday, January 23rd. Solid State's dividend payout ratio (DPR) is presently 2,666.67%.
Insider Buying and Selling at Solid State
In other Solid State news, insider Peter Owen James sold 40,023 shares of Solid State stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of GBX 220 ($2.75), for a total value of £88,050.60 ($110,049.49). Also, insider Matthew Thomas Richards bought 8,547 shares of the company's stock in a transaction dated Tuesday, December 10th. The stock was purchased at an average price of GBX 117 ($1.46) per share, for a total transaction of £9,999.99 ($12,498.43). Over the last quarter, insiders sold 97,473 shares of company stock valued at $22,156,810. Corporate insiders own 3.58% of the company's stock.
About Solid State
(
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Solid State plc, together with its subsidiaries, designs, manufactures, and supplies electronic equipment in the United Kingdom, rest of Europe, Asia, North America, and internationally. It also supplies electronic components and materials. The company operates through Components and Systems divisions.
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