Solid State (LON:SOLI - Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 6.30 ($0.09) EPS for the quarter, Digital Look Earnings reports. Solid State had a net margin of 5.43% and a return on equity of 14.05%.
Solid State Stock Down 10.8%
Shares of LON:SOLI opened at GBX 185 ($2.52) on Tuesday. The company has a debt-to-equity ratio of 25.82, a quick ratio of 0.98 and a current ratio of 1.92. The firm has a market capitalization of £104.76 million, a PE ratio of 2.37 and a beta of 1.05. The firm has a fifty day moving average of GBX 188.89 and a 200 day moving average of GBX 167.30. Solid State has a 52-week low of GBX 102.55 ($1.40) and a 52-week high of GBX 306 ($4.16).
Insiders Place Their Bets
In other Solid State news, insider Gary Marsh sold 21,622 shares of the business's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of GBX 185 ($2.52), for a total value of £40,000.70 ($54,444.94). 3.58% of the stock is owned by corporate insiders.
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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