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Ilika (LON:IKA) Stock Price Up 28.3% - Here's Why

Ilika logo with Industrials background

Ilika plc (LON:IKA - Get Free Report)'s share price was up 28.3% during mid-day trading on Wednesday . The stock traded as high as GBX 35 ($0.43) and last traded at GBX 34.65 ($0.43). Approximately 877,951 shares traded hands during trading, an increase of 77% from the average daily volume of 497,136 shares. The stock had previously closed at GBX 27 ($0.33).

Ilika Trading Up 2.0 %

The business's fifty day moving average price is GBX 23.27 and its 200 day moving average price is GBX 23.21. 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 firm has a market capitalization of £63.57 million, a PE ratio of -1,266.67 and a beta of 1.94.

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

About Ilika

(Get Free Report)

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.

Further Reading

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