Iconic Labs (LON:ICON) Trading Up 9.2% – Still a Buy?

Iconic Labs Plc (LON:ICONGet Free Report)’s share price rose 9.2% during mid-day trading on Wednesday . The company traded as high as GBX 2.40 and last traded at GBX 1.80. Approximately 4,292,005 shares traded hands during mid-day trading, an increase of 1,668% from the average session volume of 242,823 shares. The stock had previously closed at GBX 1.65.

Iconic Labs Stock Up 9.7%

The stock has a market cap of £284,509.06, a price-to-earnings ratio of -0.34 and a beta of 1.07. The company has a 50 day simple moving average of GBX 1.49 and a 200 day simple moving average of GBX 1.79.

Iconic Labs (LON:ICONGet Free Report) last issued its earnings results on Tuesday, March 31st. The company reported GBX (1.94) earnings per share for the quarter.

Iconic Labs Company Profile

(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. Iconic Labs Plc was founded in 2012 and is based in London, the United Kingdom.

Further Reading

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