Insider Buying: Solid State plc (LON:SOLI) Insider Acquires 8,547 Shares of Stock

Solid State plc (LON:SOLI) insider Matthew Thomas Richards acquired 8,547 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were purchased at an average price of GBX 117 ($1.49) per share, for a total transaction of £9,999.99 ($12,776.27).

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 shares were sold at an average price of GBX 215 ($2.75), for a total value of £37,517.50 ($47,933.44).

Solid State Trading Up 0.7 %

SOLI stock opened at GBX 130.90 ($1.67) on Wednesday. The company has a market capitalization of £74.42 million, a price-to-earnings ratio of 860.00 and a beta of 1.05. The company has a debt-to-equity ratio of 25.82, a current ratio of 1.92 and a quick ratio of 0.98. Solid State plc has a 1-year low of GBX 102.55 ($1.31) and a 1-year high of GBX 308 ($3.94). The business has a 50 day simple moving average of GBX 197.40 and a two-hundred day simple moving average of GBX 977.37.

Solid State Cuts Dividend

The business also recently disclosed 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 dividend yield of 0.69%. The ex-dividend date is Thursday, January 23rd. Solid State’s dividend payout ratio (DPR) is presently 2,666.67%.

Solid State Company Profile

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.