Ilika (LON:IKA) Sets New 12-Month Low – Here’s What Happened

Ilika plc (LON:IKA – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as GBX 19.15 and last traded at GBX 19.80, with a volume of 424,290 shares trading hands. The stock had previously closed at GBX 20.75.

Ilika Trading Down 4.6%

The stock has a market capitalization of £39.38 million, a PE ratio of -4.93 and a beta of 2.15. The firm has a 50-day moving average price of GBX 22.71 and a 200-day moving average price of GBX 28.41. The company has a current ratio of 6.31, a quick ratio of 15.43 and a debt-to-equity ratio of 7.46.

About Ilika

(Get Free Report)

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.

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