Ilika (LON:IKA) Sets New 12-Month Low – Here’s Why

Ilika plc (LON:IKA) hit a new 52-week low on Thursday. The company traded as low as GBX 20 and last traded at GBX 21, with a volume of 234494 shares. The stock had previously closed at GBX 21.

Ilika Stock Performance

The company has a debt-to-equity ratio of 7.46, a current ratio of 6.31 and a quick ratio of 15.43. The firm has a market cap of £41.77 million, a price-to-earnings ratio of -5.22 and a beta of 2.15. The firm’s fifty day moving average is GBX 25.12 and its 200-day moving average is GBX 28.91.

Ilika (LON:IKA) last issued its quarterly earnings results on Wednesday, July 29th. The company reported GBX (4.02) earnings per share for the quarter. Ilika had a negative return on equity of 45.06% and a negative net margin of 6,414.98%. Equities analysts anticipate that Ilika plc will post -5.0199998 earnings per share for the current year.

Ilika Company Profile

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.