Solid State (LON:SOLI) Shares Pass Above Fifty Day Moving Average of $1,083.58

Solid State plc (LON:SOLIGet Rating)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,083.58 ($13.27) and traded as high as GBX 1,150 ($14.09). Solid State shares last traded at GBX 1,135 ($13.90), with a volume of 9,556 shares traded.

The stock has a market cap of £97.01 million and a price-to-earnings ratio of 27.35. The company has a current ratio of 1.56, a quick ratio of 0.95 and a debt-to-equity ratio of 16.12. The stock’s 50 day moving average is GBX 1,083.58 and its two-hundred day moving average is GBX 1,120.26.

Solid State Company Profile (LON:SOLI)

Solid State plc 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, Value Added Services and Manufacturing divisions. The Value Added Services division supplies designed-in products and solutions at the component and sub assembly level to the original equipment manufacturers and the contract electronics manufacturing communities for use in 5G and the Internet of Things, embedded processing, control, wireless and wired communications, electromechanical, power management, optical emitters, sensors, displays, and LED lighting.

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