Ilika (LON:IKA) Stock Passes Below 200-Day Moving Average – Time to Sell?
by Doug Wharley · The Cerbat GemIlika plc (LON:IKA – Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.61 and traded as low as GBX 32. Ilika shares last traded at GBX 34.75, with a volume of 290,927 shares.
Ilika Price Performance
The business has a fifty day moving average price of GBX 30.50 and a 200-day moving average price of GBX 34.61. The company has a current ratio of 9.07, a quick ratio of 15.43 and a debt-to-equity ratio of 3.18. The stock has a market capitalization of £62.84 million, a PE ratio of -7.65 and a beta of 2.02.
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. 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.