Ilika (LON:IKA) Trading 14.8% Higher – What’s Next?

Ilika plc (LON:IKA) shot up 14.8% during trading on Wednesday . The company traded as high as GBX 31 ($0.39) and last traded at GBX 31 ($0.39). 185,875 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 469,453 shares. The stock had previously closed at GBX 27 ($0.34).

Ilika Trading Down 4.9 %

The company has a debt-to-equity ratio of 3.07, a quick ratio of 15.43 and a current ratio of 7.86. The company has a market cap of £54.12 million, a price-to-earnings ratio of -1,078.33 and a beta of 1.94. The company’s fifty day moving average is GBX 22.64 and its two-hundred day moving average is GBX 23.08.

Ilika (LON:IKA) last issued its earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) earnings per share (EPS) for the quarter. Ilika had a negative return on equity of 21.33% and a negative net margin of 230.24%. On average, research analysts anticipate that Ilika plc will post -5.0199998 EPS for the current 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.