Ilika (LON:IKA) Reaches New 1-Year Low – Here’s Why

Ilika plc (LON:IKA)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 24 and last traded at GBX 25, with a volume of 548714 shares trading hands. The stock had previously closed at GBX 25.

Ilika Stock Performance

The company has a current ratio of 6.31, a quick ratio of 15.43 and a debt-to-equity ratio of 7.46. The business’s 50-day simple moving average is GBX 29.41 and its 200-day simple moving average is GBX 30.44. The company has a market cap of £49.72 million, a PE ratio of -6.22 and a beta of 2.16.

Ilika (LON:IKA) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX (4.02) earnings per share (EPS) for the quarter. Ilika had a negative net margin of 6,414.98% and a negative return on equity of 45.06%. As a group, analysts expect 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. 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.