Solid State (LON:SOLI) Shares Pass Above 50 Day Moving Average – What’s Next?

Shares of Solid State plc (LON:SOLI) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 161.35 and traded as high as GBX 165. Solid State shares last traded at GBX 164.40, with a volume of 63,765 shares trading hands.

Solid State Trading Up 0.2%

The firm has a fifty day moving average of GBX 161.35 and a 200 day moving average of GBX 158.18. The firm has a market capitalization of £93.27 million, a PE ratio of 39.14 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 (LON:SOLI) last issued its quarterly earnings data on Monday, December 1st. The company reported GBX 6.50 earnings per share (EPS) for the quarter. Solid State had a net margin of 5.43% and a return on equity of 14.05%. Equities research analysts expect that Solid State plc will post 13.6195996 EPS for the current year.

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.