Ilika (LON:IKA) Stock Price Up 12.7% – Still a Buy?

Ilika plc (LON:IKA) shares shot up 12.7% during mid-day trading on Monday . The stock traded as high as GBX 26.50 ($0.33) and last traded at GBX 26.49 ($0.33). 393,772 shares traded hands during trading, a decline of 17% from the average session volume of 475,282 shares. The stock had previously closed at GBX 23.50 ($0.29).

Ilika Trading Up 12.7 %

The company has a debt-to-equity ratio of 3.07, a current ratio of 7.86 and a quick ratio of 15.43. The firm has a market cap of £44.31 million, a PE ratio of -882.83 and a beta of 1.94. The company’s 50 day moving average price is GBX 20.92 and its 200 day moving average price is GBX 22.88.

Ilika (LON:IKA) last issued its quarterly earnings results on Tuesday, January 21st. The company reported GBX (0.01) ($0.00) EPS for the quarter. Ilika had a negative net margin of 230.24% and a negative return on equity of 21.33%. As a group, analysts forecast that Ilika plc will post -5.0199998 EPS for the current fiscal 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.