Iconic Labs (LON:ICON) Shares Down 20.4% – Should You Sell?

Iconic Labs Plc (LON:ICONGet Free Report)’s stock price was down 20.4% on Monday . The stock traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 139,626 shares traded hands during trading, a decline of 96% from the average daily volume of 3,802,232 shares. The stock had previously closed at GBX 5.65 ($0.08).

Iconic Labs Trading Down 10.0%

The company has a market capitalization of £502,200.00, a P/E ratio of -12.86 and a beta of 1.07. The stock has a 50-day moving average of GBX 5.06.

Iconic Labs (LON:ICONGet Free Report) last released its earnings results on Tuesday, April 1st. The company reported GBX (2.63) (($0.04)) earnings per share 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.

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