Ilika (OTCMKTS:ILIKF) Trading Up 2.3% – What’s Next?

Ilika plc (OTCMKTS:ILIKFGet Free Report)’s stock price shot up 2.3% during mid-day trading on Friday . The stock traded as high as $0.5230 and last traded at $0.5113. 72,541 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 72,916 shares. The stock had previously closed at $0.50.

Ilika Stock Performance

The firm’s 50-day simple moving average is $0.56 and its 200 day simple moving average is $0.55.

Ilika Company Profile

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Ilika plc is a UK‐based technology company founded in 2004 as a spin‐out from the University of Southampton. The company specializes in the research, development and commercialization of solid‐state battery technology, aiming to deliver safer, more robust energy storage solutions compared with conventional lithium‐ion chemistries. Headquartered in Southampton with a manufacturing and scale‐up facility at the Materials Innovation Factory in Cheshire, Ilika applies thin‐film processing techniques to create wafer‐level batteries designed for integration into miniature devices.

At the core of Ilika’s product portfolio is the Stereax range of all‐solid‐state micro‐batteries.

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