Ilika plc (LON:IKA)’s share price reached a new 52-week low on Friday . The company traded as low as GBX 17.80 ($0.24) and last traded at GBX 19.50 ($0.26), with a volume of 237036 shares. The stock had previously closed at GBX 19.50 ($0.26).

Separately, Numis Securities reissued a “buy” rating and issued a GBX 80 ($1.07) price target on shares of Ilika in a report on Wednesday, November 22nd.

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Ilika Company Profile

Ilika plc is the holding company. The Company is engaged in the production, design and development of high throughput methods of material synthesis, characterization and screening. It has developed solid-state battery technology to meet the demands of the Internet of Things (IoT). The Company has materials development programs addressing a range of applications, including the solid-state battery, aerospace alloys and electronic materials.

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