Ilika (LON:IKA) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Ilika plc (LON:IKAGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 41.40 and traded as low as GBX 36. Ilika shares last traded at GBX 36.50, with a volume of 184,960 shares changing hands.

Ilika Trading Up 5.2%

The company has a market capitalization of £69.44 million, a P/E ratio of -10.85 and a beta of 1.94. The company has a 50-day simple moving average of GBX 40.13 and a 200 day simple moving average of GBX 41.40. The company has a debt-to-equity ratio of 3.07, a quick ratio of 15.43 and a current ratio of 7.86.

Ilika Company Profile

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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. 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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