Matthew Thomas Richards Sells 1,500 Shares of Solid State plc (LON:SOLI) Stock

Solid State plc (LON:SOLI) insider Matthew Thomas Richards sold 1,500 shares of Solid State stock in a transaction dated Monday, April 8th. The shares were sold at an average price of GBX 1,336 ($16.91), for a total value of £20,040 ($25,363.88).

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

• On Wednesday, April 3rd, Matthew Thomas Richards sold 1,500 shares of Solid State stock. The shares were sold at an average price of GBX 1,330 ($16.83), for a total value of £19,950 ($25,249.97).

Solid State Stock Performance

Shares of SOLI stock traded down GBX 12 ($0.15) during trading hours on Wednesday, reaching GBX 1,328 ($16.81). 18,063 shares of the company traded hands, compared to its average volume of 13,428. Solid State plc has a 12-month low of GBX 1,010 ($12.78) and a 12-month high of GBX 1,474.25 ($18.66). The company has a debt-to-equity ratio of 23.54, a current ratio of 2.04 and a quick ratio of 0.98. The company has a market cap of £150.60 million, a P/E ratio of 2,042.42 and a beta of 1.11. The firm has a 50-day moving average price of GBX 1,293.92 and a 200 day moving average price of GBX 1,279.75.

Solid State Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 16th. Stockholders of record on Thursday, January 25th were given a dividend of GBX 7 ($0.09) per share. The ex-dividend date was Thursday, January 25th. This represents a dividend yield of 0.53%. Solid State’s payout ratio is currently 3,181.82%.

About Solid State

Solid State plc, together with its subsidiaries, designs and manufactures electronic equipment and supplies the value added electronic components and materials in the United Kingdom, rest of Europe, Asia, North America, and internationally. It operates through Components and Systems divisions. The Components division provides owed brand manufactured components, franchised components, and the provision of value-added services, such as sourcing and obsolescence management.