Ilika (LON:IKA) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Ilika plc (LON:IKA) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 22.97 ($0.28) and traded as low as GBX 20 ($0.25). Ilika shares last traded at GBX 20.50 ($0.25), with a volume of 111,554 shares trading hands.

Ilika Stock Up 2.4 %

The stock’s fifty day simple moving average is GBX 20.53 and its two-hundred day simple moving average is GBX 22.95. 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 company has a market capitalization of £35.97 million, a price-to-earnings ratio of -716.67 and a beta of 1.94.

Ilika (LON:IKA) last released its quarterly earnings data 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 21.33% and a negative net margin of 230.24%. On average, sell-side analysts predict that Ilika plc will post -5.0199998 earnings per share for the current fiscal year.

Ilika Company Profile

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.