Ilika (LON:IKA) Shares Up 13.2% - Time to Buy?

Shares of Ilika plc (LON:IKA - Get Free Report) were up 13.2% on Monday . The stock traded as high as GBX 47.95 ($0.61) and last traded at GBX 47.50 ($0.60). Approximately 1,389,794 shares traded hands during trading, an increase of 83% from the average daily volume of 760,157 shares. The stock had previously closed at GBX 41.95 ($0.53).

Ilika Price Performance

The business has a 50 day simple moving average of GBX 27 and a 200 day simple moving average of GBX 24.15. The company has a market capitalization of £85.09 million, a price-to-earnings ratio of -16.81 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 announced 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%. As a group, equities analysts predict that Ilika plc will post -5.0199998 earnings per share for the current fiscal 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.