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Ilika (LON:IKA) Trading Up 27.6% - What's Next?

Ilika logo with Industrials background

Shares of Ilika plc (LON:IKA - Get Free Report) shot up 27.6% during mid-day trading on Wednesday . The company traded as high as GBX 35 ($0.43) and last traded at GBX 34.44 ($0.43). 995,264 shares traded hands during mid-day trading, an increase of 98% from the average session volume of 501,828 shares. The stock had previously closed at GBX 27 ($0.33).

Ilika Price Performance

The company has a 50-day moving average of GBX 22.93 and a 200 day moving average of GBX 23.13. The company has a debt-to-equity ratio of 3.07, a quick ratio of 15.43 and a current ratio of 7.86. The firm has a market cap of £58.56 million, a P/E ratio of -1,166.67 and a beta of 1.94.

Ilika (LON:IKA - Get Free Report) last announced its quarterly 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%. On average, sell-side analysts anticipate that Ilika plc will post -5.0199998 EPS for the current 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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