Ilika (LON:IKA) Stock Crosses Above Fifty Day Moving Average of $23.78

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Ilika plc (LON:IKA)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $23.78 and traded as high as $22.50. Ilika shares last traded at $21.90, with a volume of 87,990 shares trading hands.

Separately, Liberum Capital restated a “buy” rating on shares of Ilika in a research report on Thursday, July 11th.

The stock has a market cap of $23.17 million and a PE ratio of -9.58. The business has a fifty day moving average of GBX 23.70 and a 200-day moving average of GBX 31.89.

Ilika (LON:IKA) last announced its quarterly earnings results on Thursday, July 11th. The company reported GBX (2.42) (($0.03)) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX (2.40) (($0.03)) by GBX (0.02) ($0.00). As a group, equities analysts forecast that Ilika plc will post 438.9999795 EPS for the current fiscal year.

Ilika Company Profile (LON:IKA)

Ilika plc engages in the design, development, and production of methods of material synthesis, characterization, and screening for use in the automotive, aeronautical, and electronic components sectors primarily in Asia, Europe, and North America. The company develops solid state batteries for a range of applications in the Internet of things, smart home/building, medical, automotive, and transportation sectors.

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