Ilika (LON:IKA) Trading Up 9.4% – Here’s What Happened

Ilika plc (LON:IKA) rose 9.4% on Monday . The company traded as high as GBX 46 ($0.58) and last traded at GBX 45.89 ($0.58). Approximately 1,214,213 shares changed hands during mid-day trading, an increase of 61% from the average daily volume of 754,836 shares. The stock had previously closed at GBX 41.95 ($0.53).

Ilika Price Performance

The company has a quick ratio of 15.43, a current ratio of 7.86 and a debt-to-equity ratio of 3.07. The firm has a market capitalization of £83.25 million, a price-to-earnings ratio of -16.45 and a beta of 1.94. The stock’s 50 day moving average price is GBX 25.80 and its two-hundred day moving average price is GBX 23.81.

Ilika (LON:IKA) last posted its quarterly earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) earnings per share for the quarter. Ilika had a negative return on equity of 22.47% and a negative net margin of 631.68%. Analysts anticipate that Ilika plc will post -5.0199998 EPS for the current fiscal 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.