Solid State plc (LON:SOLI - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 1,497.50 ($18.81) and last traded at GBX 1,462 ($18.37), with a volume of 18324 shares. The stock had previously closed at GBX 1,415 ($17.78).
Solid State Stock Performance
The firm has a 50-day moving average of GBX 1,357.99 and a two-hundred day moving average of GBX 1,316.12. The company has a quick ratio of 0.98, a current ratio of 2.04 and a debt-to-equity ratio of 23.54. The company has a market capitalization of £167.14 million, a PE ratio of 2,143.94 and a beta of 1.08.
Solid State Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, February 16th. Investors of record on Thursday, January 25th were given a dividend of GBX 7 ($0.09) per share. This represents a yield of 0.53%. The ex-dividend date of this dividend was Thursday, January 25th. Solid State's dividend payout ratio is currently 3,181.82%.
Insider Activity at Solid State
In related news, insider Matthew Thomas Richards sold 1,500 shares of Solid State stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of GBX 1,330 ($16.71), for a total transaction of £19,950 ($25,062.81). In other Solid State news, insider Matthew Thomas Richards sold 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of GBX 1,330 ($16.71), for a total value of £19,950 ($25,062.81). Also, insider Peter Owen James sold 1,493 shares of the firm's stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of GBX 1,340 ($16.83), for a total value of £20,006.20 ($25,133.42). Over the last ninety days, insiders sold 4,525 shares of company stock worth $6,042,820. 16.24% of the stock is owned by corporate insiders.
About Solid State
(
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Solid State plc, together with its subsidiaries, designs, manufactures, and supplies electronic equipment in the United Kingdom, rest of Europe, Asia, North America, and internationally. It also supplies electronic components and materials. The company operates through Components and Systems divisions.
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