Ilika plc (LON:IKA – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 31.45 ($0.40) and traded as low as GBX 24 ($0.30). Ilika shares last traded at GBX 25 ($0.32), with a volume of 48,028 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank lowered their price target on Ilika from GBX 110 ($1.39) to GBX 100 ($1.26) and set a “buy” rating on the stock in a research note on Tuesday, April 23rd.
Check Out Our Latest Research Report on IKA
Ilika Price Performance
About Ilika
Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.
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