Ilika (LON:IKA) Shares Up 11.5%

Shares of Ilika plc (LON:IKAGet Free Report) shot up 11.5% during trading on Thursday . The company traded as high as GBX 29 ($0.37) and last traded at GBX 29 ($0.37). 262,725 shares were traded during trading, an increase of 58% from the average session volume of 166,091 shares. The stock had previously closed at GBX 26 ($0.33).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their price target on shares of Ilika from GBX 110 ($1.41) to GBX 100 ($1.28) and set a “buy” rating on the stock in a research note on Tuesday, April 23rd.

Read Our Latest Stock Report on IKA

Ilika Stock Up 9.6 %

The company has a market capitalization of £45.37 million, a PE ratio of -650.00 and a beta of 1.93. The company has a debt-to-equity ratio of 2.33, a quick ratio of 15.43 and a current ratio of 12.20. The stock’s 50 day moving average is GBX 26.81 and its 200 day moving average is GBX 30.72.

Ilika Company Profile

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Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.

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