Iconic Labs (LON:ICON) Trading Down 5.3% – Here’s Why

Iconic Labs Plc (LON:ICONGet Free Report)’s stock price fell 5.3% during mid-day trading on Monday . The company traded as low as GBX 1.52 and last traded at GBX 1.52. 672 shares were traded during mid-day trading, a decline of 100% from the average session volume of 254,469 shares. The stock had previously closed at GBX 1.61.

Iconic Labs Price Performance

The firm has a 50-day moving average of GBX 1.53 and a 200 day moving average of GBX 1.75. The stock has a market capitalization of £250,252.50, a price-to-earnings ratio of -0.29 and a beta of 1.07.

About Iconic Labs

(Get Free Report)

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.

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