Iconic Labs (LON:ICON) Trading Down 6.5% – Here’s What Happened

Iconic Labs Plc (LON:ICON)’s stock price traded down 6.5% during mid-day trading on Monday . The company traded as low as GBX 2.01 and last traded at GBX 2.01. 54,989 shares were traded during mid-day trading, a decline of 61% from the average session volume of 142,024 shares. The stock had previously closed at GBX 2.15.

Iconic Labs Stock Performance

The business has a 50 day moving average of GBX 2.20 and a two-hundred day moving average of GBX 2.40. The stock has a market capitalization of £279,068.40, a PE ratio of -0.34 and a beta of 1.07.

Iconic Labs (LON:ICON) last posted its earnings results on Thursday, October 23rd. The company reported GBX (6) earnings per share (EPS) for the quarter.

About Iconic Labs

Iconic Labs Plc, a media and technology business company, focuses on the identification and acquisition of companies in the online media, artificial intelligence, and big data gathering, processing, and analysis sectors. The company was formerly known as WideCells Group PLC and changed its name to Iconic Labs Plc in July 2019. Iconic Labs Plc was founded in 2012 and is based in London, the United Kingdom.