Solid State (LON:SOLI) Given Corporate Rating at FinnCap

FinnCap reaffirmed their corporate rating on shares of Solid State (LON:SOLI) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.

LON SOLI opened at GBX 560 ($6.89) on Tuesday. The company has a quick ratio of 1.16, a current ratio of 2.02 and a debt-to-equity ratio of 8.76. Solid State has a 52 week low of GBX 230 ($2.83) and a 52 week high of GBX 685 ($8.43). The firm has a market capitalization of $47.83 million and a price-to-earnings ratio of 13.49. The company has a fifty day moving average of GBX 513.12 and a two-hundred day moving average of GBX 527.26.

The company also recently announced a dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Thursday, September 3rd will be given a dividend of GBX 7.25 ($0.09) per share. This represents a yield of 1.29%. This is an increase from Solid State’s previous dividend of $5.25. The ex-dividend date of this dividend is Thursday, September 3rd. Solid State’s payout ratio is presently 33.73%.

Solid State Company Profile

Solid State PLC manufactures and sells electronic equipment; and distributes electronic components and materials. It is involved in the design, development, and supply of rugged and industrial computers, portable power and energy storage solutions, advanced communication systems, antennas, and high bandwidth video transmission products.

See Also: FinTech

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