Insider Selling: Solid State plc (LON:SOLI) Insider Sells 7,212 Shares of Stock

Solid State plc (LON:SOLI) insider Peter Owen James sold 7,212 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of GBX 125 ($1.55), for a total value of £9,015 ($11,211.29).

Solid State Stock Performance

SOLI opened at GBX 125 ($1.55) on Friday. The company has a debt-to-equity ratio of 25.82, a current ratio of 1.92 and a quick ratio of 0.98. The stock has a market capitalization of £71.06 million, a price-to-earnings ratio of 833.33 and a beta of 1.05. The business has a fifty day moving average price of GBX 137.48 and a 200 day moving average price of GBX 592.43. Solid State plc has a 12 month low of GBX 102.55 ($1.28) and a 12 month high of GBX 308 ($3.83).

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

Solid State Cuts Dividend

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

About Solid State

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.