Solid State (LON:SOLI) Stock Price Passes Above Fifty Day Moving Average - Time to Sell?

Solid State plc (LON:SOLI - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 140.30 ($1.73) and traded as high as GBX 157.50 ($1.94). Solid State shares last traded at GBX 154.20 ($1.90), with a volume of 71,122 shares changing hands.

Solid State Stock Down 0.6 %

The firm has a market cap of £86.21 million, a PE ratio of 1,011.00 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. The business has a 50-day moving average price of GBX 140.30 and a two-hundred day moving average price of GBX 700.24.

Solid State (LON:SOLI - Get Free Report) last announced its quarterly earnings data on Tuesday, December 10th. The company reported GBX 17.70 ($0.22) EPS for the quarter. Solid State had a net margin of 5.43% and a return on equity of 14.53%. On average, equities research analysts expect that Solid State plc will post 13.6195996 EPS for the current year.

Solid State Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 23rd will be issued a dividend of GBX 0.83 ($0.01) per share. This represents a dividend yield of 0.69%. The ex-dividend date is Thursday, January 23rd. Solid State's payout ratio is 2,666.67%.

Insider Activity at Solid State

In related news, insider Matthew Thomas Richards sold 17,450 shares of Solid State stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of GBX 215 ($2.65), for a total value of £37,517.50 ($46,255.09). Insiders own 3.58% of the company's stock.

Solid State Company Profile

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.