Ilika (LON:IKA) Shares Up 13.2% – What’s Next?

Ilika plc (LON:IKA) was up 13.2% during trading on Monday . The company traded as high as GBX 47.95 ($0.60) and last traded at GBX 47.50 ($0.60). Approximately 1,389,794 shares were traded during trading, an increase of 83% from the average daily volume of 760,157 shares. The stock had previously closed at GBX 41.95 ($0.53).

Ilika Stock Up 13.2 %

The firm’s 50 day moving average price is GBX 24.75 and its two-hundred day moving average price is GBX 23.51. The firm has a market capitalization of £79.25 million, a PE ratio of -15.66 and a beta of 1.94. 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:IKA) last announced its earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) earnings per share for the quarter. Ilika had a negative net margin of 631.68% and a negative return on equity of 22.47%. As a group, research analysts forecast 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.