Ilika (LON:IKA) Shares Up 13.2% - Here's Why

Ilika plc (LON:IKA - Get Free Report)'s share price traded up 13.2% during mid-day trading on Monday . The stock traded as high as GBX 47.95 ($0.60) and last traded at GBX 47.50 ($0.60). 1,389,794 shares changed hands during trading, an increase of 83% from the average session volume of 760,157 shares. The stock had previously closed at GBX 41.95 ($0.53).

Ilika Trading Up 4.5 %

The business's 50 day simple moving average is GBX 25.80 and its 200 day simple moving average is GBX 23.81. The company has a debt-to-equity ratio of 3.07, a current ratio of 7.86 and a quick ratio of 15.43. The company has a market capitalization of £85.09 million, a price-to-earnings ratio of -16.81 and a beta of 1.94.

Ilika (LON:IKA - Get Free Report) last posted its quarterly earnings data on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) earnings per share for the quarter. Ilika had a negative return on equity of 22.47% and a negative net margin of 631.68%. Research analysts anticipate that Ilika plc will post -5.0199998 EPS for the current year.

About Ilika

Ilika plc LON: IKA is a pioneer in solid state battery technology with their innovative Stereax micro batteries designed for Industrial IoT and MedTech markets, and their Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide them with customisable Stereax micro batteries that provide the specific power requirements their IoT or MedTech application requires.