Ilika (LON:IKA) Sets New 52-Week Low – Here’s Why

Ilika plc (LON:IKA – Get Free Report) reached a new 52-week low during trading on Thursday. The stock traded as low as GBX 19.15 and last traded at GBX 19.80, with a volume of 424,290 shares changing hands. The stock had previously closed at GBX 20.75.

Ilika Price 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 business has a 50-day moving average price of GBX 22.40 and a two-hundred day moving average price of GBX 28.22. The company has a market capitalization of £37.29 million, a price-to-earnings ratio of -4.66 and a beta of 2.15.

About Ilika

(Get Free Report)

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.

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