Solid State plc (LON:SOLI - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 500.59 ($6.32) and traded as low as GBX 150 ($1.90). Solid State shares last traded at GBX 152.75 ($1.93), with a volume of 60,487 shares changing hands.
Solid State Price Performance
The firm has a market capitalization of £86.49 million, a P/E ratio of 1.95 and a beta of 1.05. The stock's 50 day simple moving average is GBX 142.30 and its 200 day simple moving average is GBX 500.59. The company has a debt-to-equity ratio of 25.82, a quick ratio of 0.98 and a current ratio of 1.92.
Solid State (LON:SOLI - Get Free Report) last announced its quarterly 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 14.05% and a net margin of 5.43%. As a group, analysts expect that Solid State plc will post 13.6195996 earnings per share for the current fiscal year.
Solid State Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 23rd were issued a GBX 0.83 ($0.01) dividend. The ex-dividend date was Thursday, January 23rd. This represents a dividend yield of 0.69%. Solid State's payout ratio is currently 5.11%.
Insiders Place Their Bets
In related news, insider Matthew Thomas Richards acquired 8,547 shares of the firm's stock in a transaction that occurred on Tuesday, December 10th. The stock was purchased at an average cost of GBX 117 ($1.48) per share, for a total transaction of £9,999.99 ($12,634.23). Also, insider Peter Owen James sold 7,212 shares of the firm's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of GBX 125 ($1.58), for a total value of £9,015 ($11,389.77). 3.58% of the stock is owned by company insiders.
About Solid State
(
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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.
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