Peter Owen James Sells 7,212 Shares of Solid State plc (LON:SOLI) Stock

Solid State plc (LON:SOLI) insider Peter Owen James sold 7,212 shares of Solid State stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of GBX 125 ($1.56), for a total value of £9,015 ($11,270.16).

Solid State Stock Down 1.0 %

Shares of Solid State stock opened at GBX 123.75 ($1.55) on Thursday. The company has a current ratio of 1.92, a quick ratio of 0.98 and a debt-to-equity ratio of 25.82. Solid State plc has a 1 year low of GBX 102.55 ($1.28) and a 1 year high of GBX 308 ($3.85). The stock has a 50-day moving average price of GBX 137.48 and a 200 day moving average price of GBX 592.43. The company has a market cap of £70.35 million, a P/E ratio of 825.00 and a beta of 1.05.

Solid State (LON:SOLI) last posted its quarterly earnings results on Tuesday, December 10th. The company reported GBX 17.70 ($0.22) earnings per share (EPS) for the quarter. Solid State had a net margin of 5.43% and a return on equity of 14.53%. As a group, analysts expect that Solid State plc will post 13.6195996 EPS for the current fiscal year.

Solid State Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 23rd will be paid a dividend of GBX 0.83 ($0.01) per share. This represents a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, January 23rd. Solid State’s dividend payout ratio (DPR) is currently 2,666.67%.

Solid State Company Profile

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.