Solid State plc (LON:SOLI - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 165.57 ($2.20) and traded as high as GBX 170 ($2.26). Solid State shares last traded at GBX 169 ($2.24), with a volume of 42,162 shares changing hands.
Solid State Price Performance
The company has a market cap of £109.00 million, a price-to-earnings ratio of 2.46 and a beta of 1.05. The stock's 50-day simple moving average is GBX 168.54 and its 200 day simple moving average is GBX 161.24. 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 business also recently announced a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 23rd were issued a GBX 0.83 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a 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 the company's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of GBX 125 ($1.66), for a total transaction of £9,015 ($11,962.58). 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.
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