Iconic Labs (LON:ICON) Shares Down 12.3% – Here’s Why

Iconic Labs Plc (LON:ICONGet Free Report)’s stock price dropped 12.3% on Tuesday . The company traded as low as GBX 2.86 ($0.04) and last traded at GBX 2.92 ($0.04). Approximately 500,329 shares traded hands during trading, a decline of 88% from the average daily volume of 4,113,969 shares. The stock had previously closed at GBX 3.33 ($0.04).

Iconic Labs Trading Up 30.8%

The company has a market cap of £875,948.40, a PE ratio of -22.43 and a beta of 1.07. The business’s fifty day moving average is GBX 5.05.

Iconic Labs (LON:ICONGet Free Report) last released its quarterly earnings results on Tuesday, April 1st. The company reported GBX (2.63) (($0.04)) EPS for the quarter.

About Iconic Labs

(Get Free Report)

Iconic Labs Plc, a media and technology business company, focuses on the identification and acquisition of companies in the online media, artificial intelligence, and big data gathering, processing, and analysis sectors. The company was formerly known as WideCells Group PLC and changed its name to Iconic Labs Plc in July 2019.

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