Solid State plc (LON:SOLI - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 139.17 ($1.76) and traded as high as GBX 159 ($2.01). Solid State shares last traded at GBX 150 ($1.89), with a volume of 46,469 shares traded.
Solid State Stock Up 3.2 %
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 firm has a market capitalization of £87.20 million, a P/E ratio of 1.97 and a beta of 1.05. The company's fifty day simple moving average is GBX 140.84 and its 200 day simple moving average is GBX 514.44.
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 for the quarter. Solid State had a net margin of 5.43% and a return on equity of 14.05%. Research analysts expect that Solid State plc will post 13.6195996 EPS for the current year.
Solid State Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 23rd were given a GBX 0.83 ($0.01) dividend. This represents a dividend yield of 0.69%. The ex-dividend date of this dividend was Thursday, January 23rd. Solid State's dividend payout ratio is presently 5.11%.
Insider Transactions at Solid State
In other news, insider Matthew Thomas Richards acquired 8,547 shares of the business's stock in a transaction that occurred on Tuesday, December 10th. The shares were bought at an average cost of GBX 117 ($1.48) per share, with a total value of £9,999.99 ($12,616.69). Also, 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 ($1.58), for a total transaction of £9,015 ($11,373.96). 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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