Ilika (LON:IKA) Reaches New 12-Month Low – Time to Sell?

Ilika plc (LON:IKA) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 24 and last traded at GBX 25, with a volume of 548714 shares changing hands. The stock had previously closed at GBX 25.

Ilika Trading Down 0.6%

The company has a current ratio of 6.31, a quick ratio of 15.43 and a debt-to-equity ratio of 7.46. The firm has a market capitalization of £47.93 million, a price-to-earnings ratio of -6.00 and a beta of 2.16. The firm’s 50-day moving average is GBX 28.99 and its 200 day moving average is GBX 30.28.

Ilika (LON:IKA) last issued its quarterly earnings data on Wednesday, July 29th. The company reported GBX (4.02) earnings per share (EPS) for the quarter. Ilika had a negative return on equity of 45.06% and a negative net margin of 6,414.98%. On average, equities analysts predict that Ilika plc will post -5.0199998 earnings per share for the current fiscal year.

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.