Iconic Labs (LON:ICON) Shares Down 5.8% – Here’s Why

Iconic Labs Plc (LON:ICONGet Free Report) shares dropped 5.8% on Tuesday . The stock traded as low as GBX 1.55 and last traded at GBX 1.55. 75,535 shares changed hands during trading, a decline of 64% from the average session volume of 209,633 shares. The stock had previously closed at GBX 1.65.

Iconic Labs Stock Down 10.0%

The business’s 50 day simple moving average is GBX 1.50 and its 200 day simple moving average is GBX 1.80. The stock has a market cap of £259,423.65, a price-to-earnings ratio of -0.31 and a beta of 1.07.

Iconic Labs (LON:ICONGet Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The company reported GBX (1.94) EPS for the quarter.

Iconic Labs Company Profile

(Get Free Report)

Iconic Labs Plc, a media and technology business company, focuses on the identification and acquisition of companies in the online media, artificial intelligence, and big data gathering, processing, and analysis sectors. The company was formerly known as WideCells Group PLC and changed its name to Iconic Labs Plc in July 2019. Iconic Labs Plc was founded in 2012 and is based in London, the United Kingdom.

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