Ilika (LON:IKA) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Ilika plc (LON:IKAGet Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 33.36 and traded as low as GBX 31. Ilika shares last traded at GBX 31.10, with a volume of 197,456 shares.

Ilika Stock Performance

The company has a fifty day simple moving average of GBX 33.38 and a two-hundred day simple moving average of GBX 33.36. 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 company has a market cap of £56.24 million, a PE ratio of -6.85 and a beta of 2.02.

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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