Solid State - SOLI Share Forecast, Price & News

Solid State plc designs and manufactures electronic equipment and supplies the value added electronic components and materials in the United Kingdom, rest of Europe, Asia, North America, and internationally. It operates through, Value Added Services and Manufacturing divisions. The Value Added Services division supplies designed-in products and solutions at the component and sub assembly level to the original equipment manufacturers and the contract electronics manufacturing communities for use in 5G and the Internet of Things, embedded processing, control, wireless and wired communications, electromechanical, power management, optical emitters, sensors, displays, and LED lighting. The Manufacturing division manufactures industrial computers; custom battery packs; and advanced communication systems, including specialist antennas, radios, and video transmission products. This division also designs and manufactures image capture, processing, and transmission computing systems. Solid State plc serves security and defense, medical, greentech, energy, transport, utilities, oil and gas, commercial aerospace, communications, and industrial sectors. The company was formerly known as Solid State Supplies plc and changed its name to Solid State plc in May 2006. Solid State plc was incorporated in 1963 and is headquartered in Redditch, the United Kingdom.

Solid State Price Performance

Shares of SOLI Stock traded up GBX 12 ($0.14) during mid-day trading on Thursday, hitting GBX 1,137 ($13.74). 1,678 shares of the stock were exchanged, compared to its average volume of 12,734. The firm has a fifty day moving average of GBX 1,115.74 and a 200 day moving average of GBX 1,099.15. The company has a quick ratio of 0.72, a current ratio of 1.45 and a debt-to-equity ratio of 20.84. Solid State has a 52-week low of GBX 913 ($11.03) and a 52-week high of GBX 1,419 ($17.15). The company has a market cap of £97.30 million and a PE ratio of 3,882.76.

Solid State Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, October 5th. Investors of record on Thursday, September 1st will be given a dividend of GBX 13.25 ($0.16) per share. This represents a dividend yield of 1.2%. The ex-dividend date is Thursday, September 1st. This is an increase from Solid State's previous dividend of $6.25. Solid State's dividend payout ratio is 58.62%.

Insider Buying and Selling

In related news, insider Matthew Thomas Richards purchased 1,951 shares of Solid State stock in a transaction that occurred on Tuesday, August 2nd. The stock was purchased at an average price of GBX 1,025 ($12.39) per share, for a total transaction of £19,997.75 ($24,163.55).