Iconic Labs (LON:ICON) Stock Price Down 11.9% – Time to Sell?

Iconic Labs Plc (LON:ICON) shares traded down 11.9% on Thursday . The stock traded as low as GBX 1.35 and last traded at GBX 1.41. Approximately 337,406 shares traded hands during mid-day trading, an increase of 151% from the average session volume of 134,581 shares. The stock had previously closed at GBX 1.60.

Iconic Labs Stock Performance

The stock has a market cap of £257,618.00, a P/E ratio of -0.28 and a beta of 1.07. The business’s 50-day moving average price is GBX 1.83 and its 200-day moving average price is GBX 2.19.

Iconic Labs (LON:ICON) last issued its quarterly earnings data on Tuesday, March 31st. The company reported GBX (1.94) EPS for the quarter.

Iconic Labs Company Profile

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.