Ilika (LON:IKA) Shares Up 15.6% - What's Next?

Key Points

• Ilika plc shares surged by 15.6%, reaching a last traded price of GBX 41.44 ($0.56), with trading volume increasing by 28% compared to the average.
• The company reported an earnings per share (EPS) of GBX (3.54) for the last quarter, alongside a negative net margin of 631.68%.
• Ilika specializes in solid-state battery technology, producing Stereax micro batteries for Industrial IoT and MedTech markets, as well as Goliath batteries for electric vehicles.

Ilika plc (LON:IKA - Get Free Report) shares shot up 15.6% during trading on Monday . The company traded as high as GBX 42 ($0.57) and last traded at GBX 41.44 ($0.56). 482,074 shares were traded during trading, an increase of 28% from the average session volume of 376,635 shares. The stock had previously closed at GBX 35.86 ($0.48).

Ilika Trading Up 11.5%

The company has a market cap of £72.32 million, a price-to-earnings ratio of -1,129.94 and a beta of 1.94. The stock has a 50-day simple moving average of GBX 40.27 and a 200 day simple moving average of GBX 37.57. The company has a current ratio of 7.86, a quick ratio of 15.43 and a debt-to-equity ratio of 3.07.

Ilika (LON:IKA - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The company reported GBX (3.54) earnings per share (EPS) for the quarter. Ilika had a negative net margin of 631.68% and a negative return on equity of 22.47%. As a group, equities research analysts predict that Ilika plc will post -5.0199998 EPS for the current fiscal year.

About Ilika

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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