Solid State (LON:SOLI) Share Price Passes Above 50 Day Moving Average of $1,431.82

Solid State plc (LON:SOLIGet Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,431.82 ($18.23) and traded as high as GBX 1,528 ($19.46). Solid State shares last traded at GBX 1,512.50 ($19.26), with a volume of 6,125 shares changing hands.

Solid State Stock Performance

The company has a quick ratio of 0.98, a current ratio of 2.04 and a debt-to-equity ratio of 23.54. The firm has a market cap of £172.82 million, a price-to-earnings ratio of 2,303.03 and a beta of 1.07. The company has a 50-day moving average price of GBX 1,438.82 and a 200 day moving average price of GBX 1,362.81.

Insiders Place Their Bets

In related news, insider Peter Owen James sold 32 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of GBX 1,350 ($17.19), for a total transaction of £432 ($550.11). In other Solid State news, insider Matthew Thomas Richards sold 1,500 shares of the business’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of GBX 1,336 ($17.01), for a total value of £20,040 ($25,518.91). Also, insider Peter Owen James sold 32 shares of the company’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of GBX 1,350 ($17.19), for a total value of £432 ($550.11). In the last ninety days, insiders sold 4,525 shares of company stock worth $6,042,820. 16.24% of the stock is currently owned by company insiders.

Solid State Company Profile

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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.

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