Ilika (LON:IKA) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Ilika plc (LON:IKA) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 22.97 ($0.28) and traded as low as GBX 20 ($0.25). Ilika shares last traded at GBX 20.50 ($0.25), with a volume of 111,554 shares changing hands.

Ilika Price Performance

The stock has a fifty day moving average price of GBX 20.47 and a 200-day moving average price of GBX 22.97. The company has a market cap of £34.30 million, a PE ratio of -683.33 and a beta of 1.94. The company has a debt-to-equity ratio of 3.07, a current ratio of 7.86 and a quick ratio of 15.43.

Ilika Company Profile

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.