Ilika (LON:IKA) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Ilika plc (LON:IKAGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 31.90 and traded as low as GBX 27.50. Ilika shares last traded at GBX 30.75, with a volume of 273,781 shares traded.

Ilika Trading Up 8.9%

The company has a quick ratio of 15.43, a current ratio of 9.07 and a debt-to-equity ratio of 3.18. The stock’s 50 day moving average price is GBX 33.04 and its 200-day moving average price is GBX 31.90. The stock has a market capitalization of £55.61 million, a P/E ratio of -6.77 and a beta of 2.16.

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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