Ilika (LON:IKA) Stock Price Up 26.1% - Still a Buy?

Ilika plc (LON:IKA - Get Free Report) was up 26.1% during trading on Wednesday . The stock traded as high as GBX 35 ($0.43) and last traded at GBX 34.06 ($0.42). Approximately 1,050,205 shares changed hands during trading, an increase of 108% from the average daily volume of 504,026 shares. The stock had previously closed at GBX 27 ($0.33).

Ilika Price Performance

The stock has a market cap of £58.56 million, a P/E ratio of -1,166.67 and a beta of 1.94. The company has a quick ratio of 15.43, a current ratio of 7.86 and a debt-to-equity ratio of 3.07. The business's 50-day simple moving average is GBX 22.93 and its two-hundred day simple moving average is GBX 23.11.

Ilika (LON:IKA - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) EPS for the quarter. Ilika had a negative net margin of 230.24% and a negative return on equity of 21.33%. Sell-side analysts expect 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.