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

Shares of Ilika plc (LON:IKAGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 Trading Up 2.4 %

The company has a quick ratio of 15.43, a current ratio of 7.86 and a debt-to-equity ratio of 3.07. The business’s fifty day moving average is GBX 20.21 and its two-hundred day moving average is GBX 23.16. The firm has a market cap of £35.97 million, a price-to-earnings ratio of -716.67 and a beta of 1.94.

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.

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