Ilika (LON:IKA) Sets New 1-Year Low – What’s Next?

Ilika plc (LON:IKA)’s share price reached a new 52-week low on Wednesday . The stock traded as low as GBX 23 and last traded at GBX 23.50, with a volume of 1140250 shares changing hands. The stock had previously closed at GBX 23.50.

Ilika Stock Performance

The company has a quick ratio of 15.43, a current ratio of 6.31 and a debt-to-equity ratio of 7.46. The firm has a 50-day moving average price of GBX 26.51 and a 200 day moving average price of GBX 29.43. The firm has a market capitalization of £46.74 million, a PE ratio of -5.85 and a beta of 2.15.

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