Ilika (OTCMKTS:ILIKF) Trading 1.5% Higher – Time to Buy?

Ilika plc (OTCMKTS:ILIKFGet Free Report) shares were up 1.5% on Wednesday . The company traded as high as $0.50 and last traded at $0.4975. Approximately 59,859 shares traded hands during trading, an increase of 91% from the average daily volume of 31,274 shares. The stock had previously closed at $0.49.

Ilika Stock Up 1.5%

The firm’s fifty day moving average price is $0.52 and its 200 day moving average price is $0.55.

Ilika Company Profile

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Ilika plc is a UK‐based technology company founded in 2004 as a spin‐out from the University of Southampton. The company specializes in the research, development and commercialization of solid‐state battery technology, aiming to deliver safer, more robust energy storage solutions compared with conventional lithium‐ion chemistries. Headquartered in Southampton with a manufacturing and scale‐up facility at the Materials Innovation Factory in Cheshire, Ilika applies thin‐film processing techniques to create wafer‐level batteries designed for integration into miniature devices.

At the core of Ilika’s product portfolio is the Stereax range of all‐solid‐state micro‐batteries.

Further Reading

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