Ilika (LON:IKA) PT Lowered to GBX 100 at Berenberg Bank

Ilika (LON:IKA) had its target price reduced by Berenberg Bank from GBX 110 ($1.36) to GBX 100 ($1.24) in a report released on Tuesday morning, MarketBeat reports. They currently have a buy rating on the stock.

Ilika Price Performance

Ilika stock opened at GBX 30 ($0.37) on Tuesday. The company has a debt-to-equity ratio of 2.33, a quick ratio of 15.43 and a current ratio of 12.20. Ilika has a 52 week low of GBX 24.99 ($0.31) and a 52 week high of GBX 60 ($0.74). The stock has a market capitalization of £47.69 million, a P/E ratio of -750.00 and a beta of 1.99. The stock has a fifty day moving average of GBX 30.83 and a 200-day moving average of GBX 34.46.

Ilika Company Profile

Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.