Iconic Labs (LON:ICON) Stock Price Down 14% – Time to Sell?

Iconic Labs Plc (LON:ICON)’s stock price fell 14% during trading on Friday . The company traded as low as GBX 2.15 and last traded at GBX 2.15. 162,159 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 941,192 shares. The stock had previously closed at GBX 2.50.

Iconic Labs Price Performance

The stock has a 50 day moving average price of GBX 2.21 and a 200-day moving average price of GBX 2.43. The stock has a market capitalization of £299,000.00, a P/E ratio of -0.36 and a beta of 1.07.

Iconic Labs (LON:ICON) last released its quarterly earnings data on Thursday, October 23rd. The company reported GBX (6) earnings per share for the quarter.

About Iconic Labs

Iconic Labs Plc, a media and technology business company, focuses on the identification and acquisition of companies in the online media, artificial intelligence, and big data gathering, processing, and analysis sectors. The company was formerly known as WideCells Group PLC and changed its name to Iconic Labs Plc in July 2019. Iconic Labs Plc was founded in 2012 and is based in London, the United Kingdom.