Ilika (LON:IKA) Stock Passes Below 200-Day Moving Average – Time to Sell?

Ilika plc (LON:IKAGet Free Report) shares passed 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 Trading Up 2.4 %

The firm has a market capitalization of £35.97 million, a P/E ratio of -716.67 and a beta of 1.94. The business’s 50 day moving average is GBX 20.53 and its two-hundred day moving average is GBX 22.95. The company has a quick ratio of 15.43, a current ratio of 7.86 and a debt-to-equity ratio of 3.07.

Ilika (LON:IKAGet Free Report) last released its quarterly earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) EPS for the quarter. Ilika had a negative return on equity of 21.33% and a negative net margin of 230.24%. Analysts expect that Ilika plc will post -5.0199998 EPS for the current year.

About Ilika

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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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