Ilika (LON:IKA) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Ilika plc (LON:IKAGet Free Report)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 22.97 ($0.28) and traded as low as GBX 20 ($0.25). Ilika shares last traded at GBX 20.50 ($0.25), with a volume of 111,554 shares traded.

Ilika Trading Down 2.4 %

The company has a market capitalization of £34.30 million, a price-to-earnings ratio of -683.33 and a beta of 1.94. The company has a 50-day moving average price of GBX 20.47 and a 200-day moving average price of GBX 22.97. The company has a quick ratio of 15.43, a current ratio of 7.86 and a debt-to-equity ratio of 3.07.

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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