Solid State plc (LON:SOLI) Insider Acquires £9,999.99 in Stock

Solid State plc (LON:SOLI) insider Matthew Thomas Richards bought 8,547 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was acquired at an average price of GBX 117 ($1.48) per share, for a total transaction of £9,999.99 ($12,621.47).

Matthew Thomas Richards also recently made the following trade(s):

• On Tuesday, October 29th, Matthew Thomas Richards sold 17,450 shares of Solid State stock. The stock was sold at an average price of GBX 215 ($2.71), for a total transaction of £37,517.50 ($47,352.64).

Solid State Price Performance

SOLI stock opened at GBX 130 ($1.64) on Friday. Solid State plc has a 52-week low of GBX 102.55 ($1.29) and a 52-week high of GBX 308 ($3.89). The company’s 50 day simple moving average is GBX 191.95 and its 200-day simple moving average is GBX 965.60. 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 firm has a market capitalization of £73.91 million, a P/E ratio of 866.67 and a beta of 1.05.

Solid State Cuts Dividend

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

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.