Ilika (OTCMKTS:ILIKF) Shares Up 0.5% – Here’s What Happened

Ilika plc (OTCMKTS:ILIKFGet Free Report) shares shot up 0.5% during trading on Monday . The company traded as high as $0.37 and last traded at $0.3476. Approximately 76,396 shares were traded during trading, an increase of 68% from the average session volume of 45,560 shares. The stock had previously closed at $0.3460.

Ilika Price Performance

The company has a 50-day simple moving average of $0.41 and a two-hundred day simple moving average of $0.41.

About Ilika

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Ilika plc is a UK‐based technology company founded in 2004 as a spin‐out from the University of Southampton. The company specializes in the research, development and commercialization of solid‐state battery technology, aiming to deliver safer, more robust energy storage solutions compared with conventional lithium‐ion chemistries. Headquartered in Southampton with a manufacturing and scale‐up facility at the Materials Innovation Factory in Cheshire, Ilika applies thin‐film processing techniques to create wafer‐level batteries designed for integration into miniature devices.

At the core of Ilika’s product portfolio is the Stereax range of all‐solid‐state micro‐batteries.

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