Ilika (LON:IKA) Trading 14.8% Higher – Here’s Why

Ilika plc (LON:IKA)’s share price traded up 14.8% on Wednesday . The company traded as high as GBX 31 ($0.39) and last traded at GBX 31 ($0.39). 185,875 shares changed hands during trading, a decline of 60% from the average session volume of 469,453 shares. The stock had previously closed at GBX 27 ($0.34).

Ilika Trading Up 16.7 %

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 company has a market cap of £52.70 million, a PE ratio of -1,050.00 and a beta of 1.94. The company has a fifty day simple moving average of GBX 22.09 and a two-hundred day simple moving average of GBX 22.97.

Ilika (LON:IKA) last released its quarterly earnings data on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) earnings per share (EPS) for the quarter. Ilika had a negative return on equity of 21.33% and a negative net margin of 230.24%. Analysts anticipate that Ilika plc will post -5.0199998 EPS for the current year.

About Ilika

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.