Iconic Labs (LON:ICON) Shares Down 6.5% – Here’s Why

Iconic Labs Plc (LON:ICON)’s share price fell 6.5% on Monday . The company traded as low as GBX 2.01 and last traded at GBX 2.01. 54,989 shares were traded during trading, a decline of 61% from the average session volume of 142,024 shares. The stock had previously closed at GBX 2.15.

Iconic Labs Price Performance

The firm has a market cap of £277,680.00, a PE ratio of -0.33 and a beta of 1.07. The stock has a 50-day moving average price of GBX 2.19 and a 200 day moving average price of GBX 2.40.

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

Iconic Labs Company Profile

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.