Solid State plc (LON:SOLI - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 256.17 ($3.27) and traded as low as GBX 150.50 ($1.92). Solid State shares last traded at GBX 152 ($1.94), with a volume of 119,758 shares changing hands.
Solid State Trading Up 9.1 %
The business has a 50 day moving average of GBX 160.43 and a 200 day moving average of GBX 218.89. The firm has a market cap of £88.05 million, a price-to-earnings ratio of 1.99 and a beta of 1.05. The company has a quick ratio of 0.98, a current ratio of 1.92 and a debt-to-equity ratio of 25.82.
Solid State Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, January 23rd were issued a dividend of GBX 0.83 ($0.01) per share. The ex-dividend date was Thursday, January 23rd. This represents a dividend yield of 0.69%. Solid State's dividend payout ratio (DPR) is presently 5.11%.
Insider Activity
In other news, insider Peter Owen James sold 7,212 shares of Solid State stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of GBX 125 ($1.60), for a total value of £9,015 ($11,519.29). Company insiders own 3.58% of the company's stock.
About Solid State
(
Get Free Report)
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.
Featured Articles
Before you consider Solid State, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Solid State wasn't on the list.
While Solid State currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
