Iconic Labs (LON:ICON) Shares Climb 9.8% – Still a Buy?

Iconic Labs Plc (LON:ICON – Get Free Report) shares shot up 9.8% during mid-day trading on Monday. The company traded as high as GBX 1.72 and last traded at GBX 1.72. 165,473 shares changed hands during trading, a decline of 27% from the average session volume of 227,366 shares. The stock had previously closed at GBX 1.57.

Iconic Labs Stock Performance

The firm has a 50 day simple moving average of GBX 1.53 and a 200 day simple moving average of GBX 1.52. The firm has a market cap of £299,676.00, a P/E ratio of -0.32 and a beta of 1.07.

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

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