Ilika (LON:IKA) Stock Crosses Above 50-Day Moving Average of $23.78
Shares of Ilika plc (LON:IKA) 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.
Separately, Liberum Capital restated a “buy” rating on shares of Ilika in a research report on Thursday, July 11th.
The firm has a fifty day moving average of GBX 23.78 and a 200-day moving average of GBX 31.96. The firm has a market cap of $22.06 million and a P/E ratio of -9.13.
About Ilika (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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