Solid State (LON:SOLI) Shares Cross Above 50 Day Moving Average of $1,462.77

Solid State plc (LON:SOLI) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,462.77 ($18.56) and traded as high as GBX 1,508 ($19.13). Solid State shares last traded at GBX 1,500 ($19.03), with a volume of 4,770 shares changing hands.

Solid State Trading Down 1.3 %

The company has a current ratio of 2.04, a quick ratio of 0.98 and a debt-to-equity ratio of 23.54. The firm has a 50-day moving average price of GBX 1,462.77 and a 200-day moving average price of GBX 1,372.59. The company has a market capitalization of £168.39 million, a price-to-earnings ratio of 2,272.73 and a beta of 1.07.

Insider Buying and Selling

In related news, insider Peter Owen James sold 32 shares of the stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of GBX 1,350 ($17.13), for a total transaction of £432 ($548.01). In other news, insider Peter Owen James sold 32 shares of the business’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of GBX 1,350 ($17.13), for a total transaction of £432 ($548.01). Also, insider Matthew Thomas Richards sold 1,500 shares of the stock in a transaction on Monday, April 8th. The shares were sold at an average price of GBX 1,336 ($16.95), for a total value of £20,040 ($25,421.79). Insiders have sold a total of 4,525 shares of company stock valued at $6,042,820 over the last three months. Company insiders own 16.24% of the company’s stock.

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.