Shares of Solid State plc (LON:SOLI - Get Free Report) traded down 9.6% during trading on Tuesday . The stock traded as low as GBX 185 ($2.50) and last traded at GBX 187.48 ($2.53). 231,186 shares changed hands during trading, an increase of 190% from the average session volume of 79,606 shares. The stock had previously closed at GBX 207.50 ($2.80).
Solid State Stock Up 0.8%
The company has a debt-to-equity ratio of 25.82, a current ratio of 1.92 and a quick ratio of 0.98. The company's 50-day simple moving average is GBX 188.55 and its 200 day simple moving average is GBX 168.26. The firm has a market cap of £105.07 million, a P/E ratio of 2.37 and a beta of 1.05.
Solid State (LON:SOLI - Get Free Report) last released its quarterly earnings data on Tuesday, July 8th. The company reported GBX 6.30 ($0.08) EPS for the quarter. Solid State had a net margin of 5.43% and a return on equity of 14.05%. Research analysts anticipate that Solid State plc will post 13.6195996 EPS for the current fiscal year.
Insider Activity
In other news, insider Gary Marsh sold 21,622 shares of the firm's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of GBX 185 ($2.50), for a total value of £40,000.70 ($53,960.21). Company insiders own 3.58% of the company's stock.
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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