Ilika (LON:IKA) Shares Cross Below 200-Day Moving Average – What’s Next?

Ilika plc (LON:IKA) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 37.59 ($0.51) and traded as low as GBX 36 ($0.49). Ilika shares last traded at GBX 40 ($0.54), with a volume of 498,011 shares trading hands.

Ilika Stock Up 1.3%

The business’s fifty day moving average price is GBX 40.29 and its 200 day moving average price is GBX 37.59. The firm has a market capitalization of £73.22 million, a price-to-earnings ratio of -1,144.07 and a beta of 1.94. The company has a current ratio of 7.86, a quick ratio of 15.43 and a debt-to-equity ratio of 3.07.

Ilika (LON:IKA) last issued its quarterly earnings data on Thursday, July 17th. The company reported GBX (3.54) earnings per share (EPS) for the quarter. Ilika had a negative return on equity of 22.47% and a negative net margin of 631.68%. On average, equities analysts expect that Ilika plc will post -5.0199998 EPS 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.