Ilika (LON:IKA) Stock Price Up 25.9% - What's Next?

Shares of Ilika plc (LON:IKA - Get Free Report) rose 25.9% on Wednesday . The stock traded as high as GBX 35 ($0.43) and last traded at GBX 34 ($0.42). Approximately 1,477,004 shares were traded during trading, an increase of 183% from the average daily volume of 521,098 shares. The stock had previously closed at GBX 27 ($0.33).

Ilika Trading Up 2.9 %

The business has a 50 day simple moving average of GBX 22.93 and a 200-day simple moving average of GBX 23.11. The stock has a market capitalization of £58.56 million, a price-to-earnings ratio of -1,166.67 and a beta of 1.94. The company has a debt-to-equity ratio of 3.07, a current ratio of 7.86 and a quick ratio of 15.43.

Ilika (LON:IKA - Get Free Report) last released its earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) earnings per share (EPS) for the quarter. Ilika had a negative net margin of 230.24% and a negative return on equity of 21.33%. As a group, equities analysts expect that Ilika plc will post -5.0199998 earnings per share for the current year.

Ilika Company Profile

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.