Ilika (LON:IKA) Shares Up 12.1% - Time to Buy?

Ilika plc (LON:IKA - Get Free Report)'s share price traded up 12.1% on Tuesday . The stock traded as high as GBX 35 ($0.47) and last traded at GBX 34.75 ($0.46). 110,339 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 596,461 shares. The stock had previously closed at GBX 31 ($0.41).

Ilika Trading Up 2.9 %

The business has a 50-day simple moving average of GBX 38.06 and a 200-day simple moving average of GBX 27.71. The company has a market cap of £60.06 million, a PE ratio of -11.87 and a beta of 1.94. The company has a quick ratio of 15.43, a current ratio of 7.86 and a debt-to-equity ratio of 3.07.

Ilika (LON:IKA - Get Free Report) last announced its earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) EPS for the quarter. Ilika had a negative net margin of 631.68% and a negative return on equity of 22.47%. On average, 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.