Ilika (LON:IKA) Shares Up 25.9% – Still a Buy?

Ilika plc (LON:IKA)’s stock price traded up 25.9% during mid-day trading on Wednesday . The company traded as high as GBX 35 ($0.43) and last traded at GBX 34 ($0.42). 1,477,004 shares were traded during trading, an increase of 183% from the average session volume of 521,098 shares. The stock had previously closed at GBX 27 ($0.33).

Ilika Price Performance

The firm has a fifty day moving average of GBX 22.93 and a two-hundred day moving average of GBX 23.13. The company has a current ratio of 7.86, a quick ratio of 15.43 and a debt-to-equity ratio of 3.07. The company has a market capitalization of £58.56 million, a PE ratio of -1,166.67 and a beta of 1.94.

Ilika (LON:IKA) last posted its quarterly earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) EPS for the quarter. Ilika had a negative net margin of 230.24% and a negative return on equity of 21.33%. Research analysts anticipate that Ilika plc will post -5.0199998 EPS 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.