Iconic Labs (LON:ICON) Shares Down 25.6% – Here’s Why

Shares of Iconic Labs Plc (LON:ICONGet Free Report) fell 25.6% during trading on Thursday . The company traded as low as GBX 1.77 and last traded at GBX 1.77. 52,123 shares were traded during mid-day trading, a decline of 29% from the average session volume of 73,856 shares. The stock had previously closed at GBX 2.38.

Iconic Labs Trading Down 25.6%

The firm has a market cap of £245,469.12, a P/E ratio of -0.29 and a beta of 1.07. The firm’s 50 day moving average is GBX 2.20 and its two-hundred day moving average is GBX 2.35.

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. Iconic Labs Plc was founded in 2012 and is based in London, the United Kingdom.

Further Reading

Receive News & Ratings for Iconic Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iconic Labs and related companies with MarketBeat.com's FREE daily email newsletter.