Iconic Labs (LON:ICON) Stock Price Down 17.6% – Here’s Why

Iconic Labs Plc (LON:ICON – Get Free Report) shares dropped 17.6% during mid-day trading on Wednesday. The company traded as low as GBX 1.40 and last traded at GBX 1.40. 916,617 shares changed hands during mid-day trading, an increase of 301% from the average daily volume of 228,332 shares. The stock had previously closed at GBX 1.70.

Iconic Labs Price Performance

The company has a 50-day moving average price of GBX 1.55 and a 200-day moving average price of GBX 1.52. The firm has a market capitalization of £211,536.00, a PE ratio of -0.23 and a beta of 1.07.

Iconic Labs (LON:ICON – Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The company reported GBX (0.04) 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.

Featured Articles

Receive News & Ratings for Iconic Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iconic Labs and related companies with MarketBeat.com's FREE daily email newsletter.