Solid State (LON:SOLI) Reaches New 52-Week High at $1,474.25

Solid State plc (LON:SOLI)’s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 1,474.25 ($18.63) and last traded at GBX 1,325 ($16.74), with a volume of 62342 shares trading hands. The stock had previously closed at GBX 1,395 ($17.63).

Solid State Stock Performance

The stock has a 50-day simple moving average of GBX 1,286.82 and a 200 day simple moving average of GBX 1,276.03. 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 capitalization of £152.52 million, a PE ratio of 2,037.88 and a beta of 1.11.

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 GBX 7 ($0.09) dividend. The ex-dividend date of this dividend was Thursday, January 25th. This represents a dividend yield of 0.53%. Solid State’s dividend payout ratio is currently 3,181.82%.

Solid State Company Profile

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.