Ilika (LON:IKA) Trading Down 9.1% – Time to Sell?

Ilika plc (LON:IKAGet Free Report)’s share price fell 9.1% during trading on Monday . The company traded as low as GBX 20 ($0.24) and last traded at GBX 20 ($0.24). 370,735 shares traded hands during trading, a decline of 9% from the average session volume of 407,478 shares. The stock had previously closed at GBX 22 ($0.27).

Ilika Stock Up 6.2 %

The company has a market capitalization of £33.76 million, a PE ratio of -672.67 and a beta of 1.94. The business’s 50-day simple moving average is GBX 20.29 and its 200-day simple moving average is GBX 23.08. The company has a current ratio of 7.86, a quick ratio of 15.43 and a debt-to-equity ratio of 3.07.

Ilika Company Profile

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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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