Ilika (LON:IKA) Shares Up 13.2% – Still a Buy?

Ilika plc (LON:IKA)’s stock price shot up 13.2% during mid-day trading on Monday . The stock traded as high as GBX 47.95 ($0.60) and last traded at GBX 47.50 ($0.60). 1,389,794 shares changed hands during mid-day trading, an increase of 83% from the average session volume of 760,157 shares. The stock had previously closed at GBX 41.95 ($0.53).

Ilika Price Performance

The firm has a market capitalization of £83.25 million, a price-to-earnings ratio of -16.45 and a beta of 1.94. The company’s 50 day moving average is GBX 25.80 and its 200-day moving average is GBX 23.81. The company has a current ratio of 7.86, a quick ratio of 15.43 and a debt-to-equity ratio of 3.07.

Ilika (LON:IKA) last issued its earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) earnings per share (EPS) for the quarter. Ilika had a negative net margin of 631.68% and a negative return on equity of 22.47%. Equities research analysts anticipate that Ilika plc will post -5.0199998 earnings per share for the current year.

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.