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Ilika (LON:IKA) Shares Up 29.6% - Time to Buy?

Ilika logo with Industrials background

Ilika plc (LON:IKA - Get Free Report) shares traded up 29.6% during mid-day trading on Thursday . The stock traded as high as GBX 35 ($0.43) and last traded at GBX 35 ($0.43). 1,905,615 shares traded hands during mid-day trading, an increase of 254% from the average session volume of 538,242 shares. The stock had previously closed at GBX 27 ($0.33).

Ilika Price Performance

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

Ilika (LON:IKA - Get Free Report) last released its quarterly earnings data 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%. As a group, research analysts forecast that Ilika plc will post -5.0199998 earnings per share 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.

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