Iconic Labs (LON:ICON) Trading Up 24.8% – Here’s Why

Iconic Labs Plc (LON:ICONGet Free Report)’s stock price was up 24.8% during trading on Tuesday . The company traded as high as GBX 2.50 and last traded at GBX 2.50. Approximately 134,644 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 941,192 shares. The stock had previously closed at GBX 2.

Iconic Labs Price Performance

The company’s fifty day moving average price is GBX 2.66. The firm has a market capitalization of £346,405.80, a price-to-earnings ratio of -0.62 and a beta of 1.07.

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

About Iconic Labs

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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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