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

Ilika plc (LON:IKA) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 50 ($0.63) and last traded at GBX 48.80 ($0.62), with a volume of 1288668 shares trading hands. The stock had previously closed at GBX 45.50 ($0.57).

Ilika Stock Up 7.3 %

The firm’s fifty day moving average price is GBX 25.80 and its 200-day moving average price is GBX 23.81. The company has a market capitalization of £81.42 million, a price-to-earnings ratio of -16.09 and a beta of 1.94. The company has a debt-to-equity ratio of 3.07, a current ratio of 7.86 and a quick ratio of 15.43.

Ilika (LON:IKA) last issued its quarterly earnings data on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) earnings per share for the quarter. Ilika had a negative return on equity of 22.47% and a negative net margin of 631.68%. Sell-side analysts expect that Ilika plc will post -5.0199998 earnings per share for the current fiscal year.

About Ilika

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.