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

Ilika plc (LON:IKAGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 23.22 ($0.29) and traded as low as GBX 20.50 ($0.25). Ilika shares last traded at GBX 20.65 ($0.25), with a volume of 254,868 shares.

Ilika Price Performance

The company has a current ratio of 7.86, a quick ratio of 15.43 and a debt-to-equity ratio of 3.07. The firm has a market cap of £35.97 million, a price-to-earnings ratio of -716.67 and a beta of 1.94. The company has a 50 day moving average of GBX 20.21 and a 200 day moving average of GBX 23.16.

Ilika Company Profile

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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.

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