Solid State (LON:SOLI) Insider Buys £18,694.55 in Stock

Solid State plc (LON:SOLI) insider Peter Owen James acquired 12,061 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was acquired at an average cost of GBX 155 per share, for a total transaction of £18,694.55.

Peter Owen James also recently made the following trade(s):

• On Thursday, October 30th, Peter Owen James acquired 12,299 shares of Solid State stock. The stock was acquired at an average cost of GBX 163 per share, for a total transaction of £20,047.37.
• On Thursday, October 30th, Peter Owen James acquired 5,786 shares of Solid State stock. The stock was acquired at an average cost of GBX 156 per share, for a total transaction of £9,026.16.
• On Thursday, October 30th, Peter Owen James acquired 5,784 shares of Solid State stock. The stock was acquired at an average cost of GBX 156 per share, for a total transaction of £9,023.04.
• On Friday, October 31st, Peter Owen James acquired 843 shares of Solid State stock. The stock was acquired at an average cost of GBX 150 per share, for a total transaction of £1,264.50.
• On Thursday, October 30th, Peter Owen James sold 23,700 shares of Solid State stock. The shares were sold at an average price of GBX 155, for a total value of £36,735.
• On Thursday, October 30th, Peter Owen James sold 12,309 shares of Solid State stock. The shares were sold at an average price of GBX 163, for a total value of £20,063.67.

Solid State Trading Down 7.7%

Solid State stock traded down GBX 11.35 during mid-day trading on Monday, hitting GBX 136.45. The company’s stock had a trading volume of 103,556 shares, compared to its average volume of 83,240. The company has a 50 day moving average of GBX 160.49 and a 200-day moving average of GBX 173.21. The stock has a market cap of £77.56 million, a PE ratio of 151.61 and a beta of 1.05. The company has a debt-to-equity ratio of 25.82, a quick ratio of 0.98 and a current ratio of 1.92. Solid State plc has a one year low of GBX 102.55 and a one year high of GBX 250.

About Solid State

Solid State plc (AIM:SOLI) is a leading value-added electronics group supplying commercial, industrial and defence markets with durable components, assemblies and manufactured systems for use in critical applications, with a particular emphasis on harsh operational environments. Solid State’s products are found around the world, from the ocean floor to the edge of space, ensuring the smooth operation of systems that augment our everyday lives.

The company has a core focus on industrial and ruggedised computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays.

Operating through two divisions (systems and components) the group thrives on complex engineering challenges, often requiring design-in support and component sourcing.