Solid State (LON:SOLI) Hits New 1-Year Low – Here’s What Happened

Solid State plc (LON:SOLI)’s stock price reached a new 52-week low on Friday . The stock traded as low as GBX 102.55 ($1.29) and last traded at GBX 135.06 ($1.70), with a volume of 1714223 shares traded. The stock had previously closed at GBX 212.50 ($2.68).

Solid State Stock Performance

The company has a current ratio of 1.92, a quick ratio of 0.98 and a debt-to-equity ratio of 25.82. The stock has a market capitalization of £76.78 million, a price-to-earnings ratio of 963.33 and a beta of 1.05. The firm’s fifty day moving average price is GBX 612.34 and its 200 day moving average price is GBX 1,155.63.

Insider Transactions at Solid State

In other news, insider Peter Owen James sold 40,023 shares of the firm’s stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of GBX 220 ($2.78), for a total transaction of £88,050.60 ($111,076.83). Also, insider Gary Marsh sold 2,997 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of GBX 1,335 ($16.84), for a total transaction of £40,009.95 ($50,473.00). Insiders have sold a total of 100,470 shares of company stock worth $26,157,805 over the last ninety days. 3.58% of the stock is currently owned by company insiders.

Solid State Company Profile

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.