Ilika (LON:IKA) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Ilika plc (LON:IKAGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 39.43 and traded as low as GBX 27. Ilika shares last traded at GBX 27, with a volume of 339,952 shares.

Ilika Stock Performance

The company has a market cap of £49.29 million, a P/E ratio of -6.00 and a beta of 1.94. 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 business has a fifty day simple moving average of GBX 34.50 and a two-hundred day simple moving average of GBX 39.43.

Ilika Company Profile

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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. Stereax battery technology offers compelling advantages over conventional lithium ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability.

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