Ilika (LON:IKA) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Ilika plc (LON:IKAGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 41.26 and traded as low as GBX 38.20. Ilika shares last traded at GBX 38.20, with a volume of 130,092 shares changing hands.

Ilika Stock Performance

The company has a current ratio of 7.86, a quick ratio of 15.43 and a debt-to-equity ratio of 3.07. The firm has a market capitalization of £71.97 million, a price-to-earnings ratio of -11.24 and a beta of 1.94. The stock has a fifty day moving average price of GBX 43.88 and a 200-day moving average price of GBX 41.26.

About Ilika

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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.

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