Ilika (LON:IKA) Shares Up 2.4% – Here’s What Happened

Shares of Ilika plc (LON:IKA) shot up 2.4% on Friday . The company traded as high as GBX 22 ($0.28) and last traded at GBX 21.50 ($0.27). 213,844 shares traded hands during trading, a decline of 1% from the average session volume of 216,682 shares. The stock had previously closed at GBX 21 ($0.27).

Ilika Stock Performance

The stock’s 50-day simple moving average is GBX 20.67 and its 200 day simple moving average is GBX 23.85. The company has a market capitalization of £35.97 million, a PE ratio of -716.67 and a beta of 1.94. The company has a debt-to-equity ratio of 3.07, a quick ratio of 15.43 and a current ratio of 7.86.

About Ilika

Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.