Ilika (LON:IKA) Releases Quarterly Earnings Results

Ilika (LON:IKA) announced its quarterly earnings results on Wednesday. The company reported GBX (4.02) EPS for the quarter, Digital Look Earnings reports. Ilika had a negative net margin of 138,475.47% and a negative return on equity of 42.08%.

Ilika Trading Down 5.3%

IKA traded down GBX 1.50 on Wednesday, hitting GBX 27. The company had a trading volume of 762,842 shares, compared to its average volume of 265,743. The firm has a market cap of £48.82 million, a P/E ratio of -5.95 and a beta of 2.16. Ilika has a 1 year low of GBX 24 and a 1 year high of GBX 51. The company’s fifty day moving average price is GBX 31.40 and its 200 day moving average price is GBX 31.23. The company has a current ratio of 9.07, a quick ratio of 15.43 and a debt-to-equity ratio of 3.18.

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. Stereax battery technology offers compelling advantages over conventional lithium ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability.