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Ilika (LON:IKA) Stock Price Crosses Above 50-Day Moving Average - Here's Why

Ilika logo with Industrials background

Shares of Ilika plc (LON:IKA - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 36.12 ($0.49) and traded as high as GBX 41 ($0.56). Ilika shares last traded at GBX 39.50 ($0.54), with a volume of 533,601 shares traded.

Ilika Trading Up 3.0%

The stock has a market cap of £68.74 million, a PE ratio of -13.58 and a beta of 1.94. The company has a 50 day moving average of GBX 36.19 and a two-hundred day moving average of GBX 33.50. The company has a debt-to-equity ratio of 3.07, a quick ratio of 15.43 and a current ratio of 7.86.

Ilika Company Profile

(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.

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