Ilika (LON:IKA) Stock Crosses Below 200-Day Moving Average – Here’s Why

Ilika plc (LON:IKAGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 24.87 ($0.32) and traded as low as GBX 15.50 ($0.20). Ilika shares last traded at GBX 16.25 ($0.21), with a volume of 749,405 shares trading hands.

Ilika Price Performance

The stock’s 50 day simple moving average is GBX 22.10 and its two-hundred day simple moving average is GBX 24.87. The firm has a market capitalization of £27.60 million, a PE ratio of -541.67 and a beta of 1.94. The company has a debt-to-equity ratio of 3.07, a quick ratio of 15.43 and a current ratio of 7.86.

About Ilika

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Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.

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