Iconic Labs (LON:ICON) Trading Up 144.2% – Here’s What Happened

Iconic Labs Plc (LON:ICONGet Free Report)’s share price traded up 144.2% on Tuesday . The company traded as high as GBX 5.88 ($0.08) and last traded at GBX 5.25 ($0.07). Approximately 5,322,175 shares changed hands during trading, an increase of 2,674% from the average session volume of 191,871 shares. The stock had previously closed at GBX 2.15 ($0.03).

Iconic Labs Stock Performance

The firm’s 50-day simple moving average is GBX 5.25 and its 200-day simple moving average is GBX 5.25. The company has a market capitalization of £585,900.00, a price-to-earnings ratio of -15.00 and a beta of 1.07.

Iconic Labs Company Profile

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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.

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