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

Solid State plc (LON:SOLI) insider Matthew Thomas Richards bought 8,547 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was bought at an average cost of GBX 117 ($1.48) per share, with a total value of £9,999.99 ($12,675.87).

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 ($2.73), for a total transaction of £37,517.50 ($47,556.72).

Solid State Price Performance

SOLI opened at GBX 130 ($1.65) on Friday. The company has a 50-day moving average of GBX 191.95 and a 200-day moving average of GBX 965.60. The company has a market capitalization of £73.91 million, a P/E ratio of 866.67 and a beta of 1.05. Solid State plc has a 1-year low of GBX 102.55 ($1.30) and a 1-year high of GBX 308 ($3.90). The company has a debt-to-equity ratio of 25.82, a quick ratio of 0.98 and a current ratio of 1.92.

Solid State Cuts Dividend

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