Iconic Labs (LON:ICON) Shares Down 39.3% – Here’s What Happened

Iconic Labs Plc (LON:ICONGet Free Report) shares fell 39.3% on Monday . The company traded as low as GBX 1.06 and last traded at GBX 1.06. 1,071,016 shares changed hands during mid-day trading, an increase of 435% from the average session volume of 200,360 shares. The stock had previously closed at GBX 1.74.

Iconic Labs Trading Down 14.8%

The firm has a market capitalization of £224,279.20, a PE ratio of -0.28 and a beta of 1.07. The business has a 50 day moving average price of GBX 1.57 and a 200-day moving average price of GBX 1.93.

Iconic Labs (LON:ICONGet Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The company reported GBX (1.94) EPS for the quarter.

Iconic Labs Company Profile

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

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