Solid State plc (LON:SOLI) Insider Sells £20,006.20 in Stock

Solid State plc (LON:SOLI) insider Peter Owen James sold 1,493 shares of Solid State stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of GBX 1,340 ($16.68), for a total transaction of £20,006.20 ($24,905.02).

Peter Owen James also recently made the following trade(s):

• On Thursday, April 18th, Peter Owen James sold 32 shares of Solid State stock. The shares were sold at an average price of GBX 1,350 ($16.81), for a total transaction of £432 ($537.78).

Solid State Price Performance

Shares of LON SOLI traded up GBX 8.50 ($0.11) during midday trading on Thursday, reaching GBX 1,363.50 ($16.97). The company’s stock had a trading volume of 1,277 shares, compared to its average volume of 13,219. Solid State plc has a fifty-two week low of GBX 1,010 ($12.57) and a fifty-two week high of GBX 1,474.25 ($18.35). The company has a market cap of £154.62 million, a P/E ratio of 2,048.48 and a beta of 1.08. The company has a debt-to-equity ratio of 23.54, a quick ratio of 0.98 and a current ratio of 2.04. The business’s 50 day moving average price is GBX 1,307.97 and its two-hundred day moving average price is GBX 1,286.24.

Solid State Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 16th. Shareholders of record on Thursday, January 25th were given a dividend of GBX 7 ($0.09) per share. The ex-dividend date was Thursday, January 25th. This represents a yield of 0.53%. Solid State’s dividend payout ratio is currently 3,181.82%.

About Solid State

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.