Ilika (LON:IKA) Shares Up 13.2% – Still a Buy?

Ilika plc (LON:IKA)’s stock price rose 13.2% during mid-day trading on Monday . The company traded as high as GBX 47.95 ($0.60) and last traded at GBX 47.50 ($0.60). Approximately 1,389,794 shares changed hands during trading, an increase of 83% from the average daily volume of 760,157 shares. The stock had previously closed at GBX 41.95 ($0.53).

Ilika Trading Up 2.3 %

The company has a market cap of £83.25 million, a P/E ratio of -16.45 and a beta of 1.94. The business has a fifty day moving average price of GBX 25.80 and a 200-day moving average price of GBX 23.81. The company has a quick ratio of 15.43, a current ratio of 7.86 and a debt-to-equity ratio of 3.07.

Ilika (LON:IKA) last issued its quarterly earnings data 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 22.47% and a negative net margin of 631.68%. On average, analysts forecast that Ilika plc will post -5.0199998 earnings per share for the current year.

Ilika Company Profile

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.