Ilika (LON:IKA) Reaches New 52-Week Low – Should You Sell?

Ilika plc (LON:IKAGet Free Report)’s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 28 and last traded at GBX 30, with a volume of 590641 shares. The stock had previously closed at GBX 30.50.

Ilika Stock Down 3.3%

The firm has a fifty day simple moving average of GBX 36.55 and a 200-day simple moving average of GBX 40.17. 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 firm has a market cap of £52.44 million, a price-to-earnings ratio of -6.39 and a beta of 1.94.

Ilika Company Profile

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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. Stereax battery technology offers compelling advantages over conventional lithium ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability.

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