Shares of Solid State plc (LON:SOLI - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 146.73 ($1.80) and traded as high as GBX 160.10 ($1.96). Solid State shares last traded at GBX 156.25 ($1.91), with a volume of 65,138 shares.
Solid State Stock Performance
The stock's 50 day moving average price is GBX 146.73 and its 200 day moving average price is GBX 746.91. The firm has a market cap of £88.83 million, a PE ratio of 1,041.67 and a beta of 1.05. The company has a current ratio of 1.92, a quick ratio of 0.98 and a debt-to-equity ratio of 25.82.
Solid State Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, February 14th. Investors of record on Thursday, January 23rd will be paid a GBX 0.83 ($0.01) dividend. The ex-dividend date is Thursday, January 23rd. This represents a dividend yield of 0.69%. Solid State's dividend payout ratio (DPR) is presently 2,666.67%.
Insider Buying and Selling
In related news, insider Matthew Thomas Richards acquired 8,547 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were acquired at an average price of GBX 117 ($1.43) per share, for a total transaction of £9,999.99 ($12,236.89). Also, insider Gary Marsh sold 40,000 shares of the business's stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of GBX 240 ($2.94), for a total transaction of £96,000 ($117,474.30). Over the last three months, insiders sold 97,473 shares of company stock worth $22,156,810. Corporate insiders own 3.58% of the company's stock.
Solid State Company Profile
(
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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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