Numis Securities Ltd reaffirmed their buy rating on shares of Ilika plc (LON:IKA) in a research note published on Tuesday, Marketbeat Ratings reports. Numis Securities Ltd currently has a GBX 80 ($1.04) price objective on the stock.

Shares of Ilika plc (IKA) opened at 35.50 on Tuesday. The stock’s market capitalization is GBX 27.83 million. Ilika plc has a one year low of GBX 39.00 and a one year high of GBX 60.00. The company’s 50 day moving average price is GBX 41.89 and its 200 day moving average price is GBX 44.79.

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About Ilika plc

Ilika plc is the holding company. The Company is engaged in the production, design and development of high throughput methods of material synthesis, characterization and screening. It has developed solid-state battery technology to meet the demands of the Internet of Things (IoT). The Company has materials development programs addressing a range of applications, including the solid-state battery, aerospace alloys and electronic materials.

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