Ilika (LON:IKA) Hits New 52-Week Low – Should You Sell?

Ilika plc (LON:IKA) shares reached a new 52-week low on Wednesday . The stock traded as low as GBX 24 and last traded at GBX 25, with a volume of 548714 shares traded. The stock had previously closed at GBX 25.

Ilika Stock Performance

The company has a debt-to-equity ratio of 7.46, a current ratio of 6.31 and a quick ratio of 15.43. The firm has a fifty day simple moving average of GBX 29.41 and a 200 day simple moving average of GBX 30.44. The company has a market cap of £49.72 million, a price-to-earnings ratio of -6.22 and a beta of 2.16.

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