Ilika (LON:IKA) Hits New 12-Month Low – Here’s What Happened

Ilika plc (LON:IKA) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 25 and last traded at GBX 25.33, with a volume of 284968 shares trading hands. The stock had previously closed at GBX 26.

Ilika Price Performance

The company has a current ratio of 9.07, a quick ratio of 15.43 and a debt-to-equity ratio of 3.18. The stock has a market cap of £46.84 million, a PE ratio of -5.70 and a beta of 2.09. The business has a 50-day moving average price of GBX 30.16 and a 200 day moving average price of GBX 37.65.

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. 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.