Ilika (LON:IKA) Hits New 12-Month Low – What’s Next?

Ilika plc (LON:IKA)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 22 and last traded at GBX 22, with a volume of 188477 shares. The stock had previously closed at GBX 22.50.

Ilika Stock Performance

The company has a debt-to-equity ratio of 7.46, a quick ratio of 15.43 and a current ratio of 6.31. The stock’s 50 day moving average price is GBX 26.07 and its 200 day moving average price is GBX 29.28. The company has a market capitalization of £43.76 million, a P/E ratio of -5.47 and a beta of 2.15.

Ilika (LON:IKA) last released its earnings results on Wednesday, July 29th. The company reported GBX (4.02) EPS for the quarter. Ilika had a negative return on equity of 45.06% and a negative net margin of 6,414.98%. As a group, equities analysts expect that Ilika plc will post -5.0199998 EPS for the current year.

Ilika Company Profile

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.