Ilika (LON:IKA) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Ilika plc (LON:IKA) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 23.71 ($0.30) and traded as low as GBX 20.50 ($0.26). Ilika shares last traded at GBX 21 ($0.26), with a volume of 138,937 shares.

Ilika Price Performance

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 capitalization of £35.13 million, a price-to-earnings ratio of -700.00 and a beta of 1.94. The business’s fifty day simple moving average is GBX 20.47 and its 200 day simple moving average is GBX 23.63.

Ilika Company Profile

Ilika plc designs, develops, and produces solid-state batteries under the Stereax name primarily in the United Kingdom, Asia, Europe, and North America. The company offers batteries for a range of applications in the industrial Internet of Things, MedTech, transportation, electric vehicles, and cordless consumer appliances.