Solid State (LON:SOLI) Stock Passes Above 50-Day Moving Average of $1,462.77

Solid State plc (LON:SOLI)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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 Price Performance

The company has a 50 day moving average of GBX 1,467.80 and a 200 day moving average of GBX 1,374.62. The stock has a market capitalization of £169.41 million, a price-to-earnings ratio of 2,257.58 and a beta of 1.07. The company has a quick ratio of 0.98, a current ratio of 2.04 and a debt-to-equity ratio of 23.54.

Insider Buying and Selling at Solid State

In other Solid State news, insider Matthew Thomas Richards sold 1,500 shares of the company’s stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of GBX 1,330 ($16.87), for a total transaction of £19,950 ($25,307.62). In related news, insider Peter Owen James sold 1,493 shares of Solid State stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of GBX 1,340 ($17.00), for a total transaction of £20,006.20 ($25,378.92). Also, insider Matthew Thomas Richards sold 1,500 shares of the company’s stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of GBX 1,330 ($16.87), for a total transaction of £19,950 ($25,307.62). Insiders have sold a total of 4,525 shares of company stock worth $6,042,820 in the last quarter. 16.24% of the stock is owned by insiders.

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.