Ilika (LON:IKA) Reaches New 12-Month Low – Here’s What Happened

Shares of Ilika plc (LON:IKAGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as GBX 24 and last traded at GBX 26.74, with a volume of 311718 shares. The stock had previously closed at GBX 25.

Ilika Price Performance

The company has a debt-to-equity ratio of 3.18, a quick ratio of 15.43 and a current ratio of 9.07. The firm has a market capitalization of £48.35 million, a price-to-earnings ratio of -5.89 and a beta of 2.09. The business has a fifty day moving average of GBX 28.61 and a two-hundred day moving average of GBX 37.16.

About Ilika

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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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