Ilika (LON:IKA) Announces Quarterly Earnings Results

Ilika (LON:IKAGet Free Report) released its quarterly earnings data on Wednesday. The company reported GBX (4.02) earnings per share for the quarter, Digital Look Earnings reports. Ilika had a negative net margin of 138,475.47% and a negative return on equity of 42.08%.

Ilika Stock Performance

LON:IKA traded down GBX 1.50 during trading hours on Wednesday, reaching GBX 27. The company had a trading volume of 807,675 shares, compared to its average volume of 266,054. The firm has a market cap of £48.82 million, a price-to-earnings ratio of -5.95 and a beta of 2.16. The company has a current ratio of 9.07, a quick ratio of 15.43 and a debt-to-equity ratio of 3.18. The firm’s 50 day moving average price is GBX 31.40 and its 200-day moving average price is GBX 31.23. Ilika has a 52 week low of GBX 24 and a 52 week high of GBX 51.

Ilika Company Profile

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Ilika plc (LON: IKA) is a pioneer in solid state battery technology with their innovative Stereax micro batteries designed for Industrial IoT and MedTech markets, and their Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide them with customisable Stereax micro batteries that provide the specific power requirements their IoT or MedTech application requires. Stereax battery technology offers compelling advantages over conventional lithium ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability.

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