Ilika (OTCMKTS:ILIKF) Shares Down 6.8%

Ilika plc (OTCMKTS:ILIKFGet Rating) traded down 6.8% during mid-day trading on Friday . The company traded as low as $0.90 and last traded at $0.92. 104,966 shares were traded during trading, a decline of 45% from the average session volume of 190,784 shares. The stock had previously closed at $0.99.

Analyst Ratings Changes

Separately, Berenberg Bank decreased their target price on shares of Ilika from GBX 250 ($3.06) to GBX 240 ($2.94) in a research report on Friday, July 15th.

Ilika Stock Performance

The stock’s 50-day moving average is $0.75 and its 200-day moving average is $1.25.

Ilika Company Profile

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Ilika plc engages in the design, development, and production of solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, rest of Europe, and North America. It offers batteries for a range of applications in the industrial Internet of Things, electric vehicles, smart cities, consumer electronics, and medical sectors.

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