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Ilika (LON:IKA) Stock Price Up 12.1% - Still a Buy?

Ilika logo with Industrials background

Ilika plc (LON:IKA - Get Free Report) rose 12.1% during trading on Tuesday . The company traded as high as GBX 35 ($0.47) and last traded at GBX 34.75 ($0.46). Approximately 110,339 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 596,461 shares. The stock had previously closed at GBX 31 ($0.41).

Ilika Price Performance

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 firm has a market cap of £60.06 million, a P/E ratio of -11.87 and a beta of 1.94. The company's 50-day moving average is GBX 38.06 and its two-hundred day moving average is GBX 27.71.

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 for the quarter. Ilika had a negative return on equity of 22.47% and a negative net margin of 631.68%. Sell-side analysts anticipate 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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