Ilika (LON:IKA) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Ilika plc (LON:IKAGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 41.26 and traded as low as GBX 38.20. Ilika shares last traded at GBX 38.20, with a volume of 130,092 shares.

Ilika Stock Up 4.2%

The company has a market cap of £71.97 million, a P/E ratio of -11.24 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 firm has a fifty day moving average price of GBX 43.88 and a 200 day moving average price of GBX 41.26.

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.

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