Ilika (LON:IKA) Posts Earnings Results, Misses Estimates By $0.02 EPS

Ilika (LON:IKA) announced its quarterly earnings data on Thursday. The company reported GBX (2.42) (($0.03)) EPS for the quarter, missing the Zacks’ consensus estimate of GBX (2.40) (($0.03)) by GBX (0.02) ($0.00), Bloomberg Earnings reports.

Shares of IKA opened at GBX 29 ($0.38) on Friday. The company’s 50-day moving average is GBX 30.75. The firm has a market capitalization of $29.21 million and a price-to-earnings ratio of -8.79. Ilika has a 52 week low of GBX 11.25 ($0.15) and a 52 week high of GBX 40 ($0.52).

Separately, Liberum Capital upped their price objective on shares of Moneysupermarket.Com Group from GBX 520 ($6.79) and gave the company a “buy” rating in a research report on Thursday.

Ilika Company Profile

Ilika plc engages in the design, development, and production of methods of material synthesis, characterization, and screening for use in the automotive, aeronautical, and electronic components sectors primarily in Asia, Europe, and North America. The company develops solid state batteries for a range of applications in the Internet of things, smart home/building, medical, automotive, and transportation sectors.

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