Ilika (LON:IKA) Stock Passes Below 200-Day Moving Average – Here’s Why

Shares of Ilika plc (LON:IKAGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 23.71 ($0.30) and traded as low as GBX 20.50 ($0.26). Ilika shares last traded at GBX 21 ($0.26), with a volume of 138,937 shares trading hands.

Ilika Stock Performance

The stock has a market capitalization of £35.13 million, a PE ratio of -700.00 and a beta of 1.94. The company has a debt-to-equity ratio of 3.07, a quick ratio of 15.43 and a current ratio of 7.86. The firm’s 50 day moving average is GBX 20.52 and its two-hundred day moving average is GBX 23.71.

Ilika Company Profile

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Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.

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