Ilika (LON:IKA) PT Lowered to GBX 100 at Berenberg Bank

Ilika (LON:IKA) had its price objective cut by Berenberg Bank from GBX 110 ($1.36) to GBX 100 ($1.24) in a report published on Tuesday, MarketBeat.com reports. They currently have a buy rating on the stock.

Ilika Trading Up 1.7 %

Shares of IKA stock opened at GBX 30.50 ($0.38) on Tuesday. The company has a quick ratio of 15.43, a current ratio of 12.20 and a debt-to-equity ratio of 2.33. The company has a market capitalization of £48.49 million, a P/E ratio of -762.50 and a beta of 1.99. Ilika has a 12-month low of GBX 24.99 ($0.31) and a 12-month high of GBX 55 ($0.68). The firm has a 50-day moving average price of GBX 30.78 and a 200 day moving average price of GBX 34.43.

Ilika Company Profile

Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.