Ilika (LON:IKA) Reaches New 52-Week Low – Should You Sell?

Shares of Ilika plc (LON:IKA) hit a new 52-week low on Tuesday . The company traded as low as GBX 24 and last traded at GBX 25, with a volume of 138725 shares traded. The stock had previously closed at GBX 24.75.

Ilika Stock Up 1.0%

The firm has a 50-day simple moving average of GBX 28.63 and a 200 day simple moving average of GBX 30.13. The stock has a market capitalization of £49.72 million, a P/E ratio of -6.22 and a beta of 2.16. The company has a debt-to-equity ratio of 7.46, a current ratio of 6.31 and a quick ratio of 15.43.

Ilika (LON:IKA) last released its quarterly earnings results on Wednesday, July 29th. The company reported GBX (4.02) earnings per share for the quarter. Ilika had a negative return on equity of 45.06% and a negative net margin of 6,414.98%. On average, equities research analysts forecast that Ilika plc will post -5.0199998 EPS for the current year.

Ilika Company Profile

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.