Ilika (LON:IKA) Trading Up 2.4% – Here’s Why

Ilika plc (LON:IKAGet Free Report) rose 2.4% during trading on Friday . The stock traded as high as GBX 22 ($0.28) and last traded at GBX 21.50 ($0.27). Approximately 213,844 shares were traded during trading, a decline of 1% from the average daily volume of 216,682 shares. The stock had previously closed at GBX 21 ($0.27).

Ilika Price Performance

The stock has a 50-day moving average of GBX 20.67 and a two-hundred day moving average of GBX 23.88. The firm has a market cap of £35.97 million, a price-to-earnings ratio of -716.67 and a beta of 1.94. The company has a current ratio of 7.86, a quick ratio of 15.43 and a debt-to-equity ratio of 3.07.

Ilika Company Profile

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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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