Iconic Labs (LON:ICON) Shares Down 9.6% – Here’s Why

Iconic Labs Plc (LON:ICONGet Free Report)’s share price traded down 9.6% during mid-day trading on Wednesday . The company traded as low as GBX 2.04 and last traded at GBX 2.04. 65,919 shares were traded during mid-day trading, a decline of 93% from the average session volume of 941,192 shares. The stock had previously closed at GBX 2.25.

Iconic Labs Stock Performance

The firm has a market cap of £217,978.80, a P/E ratio of -0.26 and a beta of 1.07. The business has a 50-day simple moving average of GBX 2.57.

Iconic Labs (LON:ICONGet Free Report) last released its quarterly earnings data on Thursday, October 23rd. The company reported GBX (6) earnings per share for the quarter.

About Iconic Labs

(Get Free Report)

Iconic Labs Plc, a media and technology business company, focuses on the identification and acquisition of companies in the online media, artificial intelligence, and big data gathering, processing, and analysis sectors. The company was formerly known as WideCells Group PLC and changed its name to Iconic Labs Plc in July 2019.

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