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Ilika (LON:IKA) Trading Down 5.7% - Should You Sell?

Ilika logo with Industrials background

Ilika plc (LON:IKA - Get Free Report) dropped 5.7% during trading on Tuesday . The company traded as low as GBX 38.20 ($0.51) and last traded at GBX 38.20 ($0.51). Approximately 369,830 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 571,165 shares. The stock had previously closed at GBX 40.50 ($0.54).

Ilika Stock Performance

The company has a quick ratio of 15.43, a current ratio of 7.86 and a debt-to-equity ratio of 3.07. The firm has a 50-day moving average of GBX 36.85 and a 200 day moving average of GBX 28.61. The stock has a market capitalization of £65.07 million, a P/E ratio of -12.86 and a beta of 1.94.

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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