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 the 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 Stock Performance

Shares of Solid State stock traded up GBX 8.50 ($0.11) on Thursday, reaching GBX 1,363.50 ($16.97). 1,277 shares of the company traded hands, compared to its average volume of 13,219. Solid State plc has a 52 week low of GBX 1,010 ($12.57) and a 52 week high of GBX 1,474.25 ($18.35). The company has a 50 day moving average of GBX 1,307.97 and a 200 day moving average of GBX 1,286.24. The firm has a market capitalization of £154.62 million, a PE ratio of 2,048.48 and a beta of 1.08. The company has a debt-to-equity ratio of 23.54, a current ratio of 2.04 and a quick ratio of 0.98.

Solid State Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 16th. Stockholders of record on Thursday, January 25th were given a dividend of GBX 7 ($0.09) per share. This represents a dividend yield of 0.53%. The ex-dividend date was Thursday, January 25th. 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.