Iconic Labs (LON:ICON) Stock Falls 17.6% – Here’s Why

Iconic Labs Plc (LON:ICON – Get Free Report)’s stock price fell 17.6% on Wednesday. The stock traded as low as GBX 1.40 and last traded at GBX 1.40. Approximately 916,617 shares changed hands during mid-day trading, an increase of 301% from the average daily volume of 228,332 shares. The stock had previously closed at GBX 1.70.

Iconic Labs Stock Down 17.6%

The business’s fifty day moving average is GBX 1.56 and its 200-day moving average is GBX 1.52. The company has a market cap of £246,792.00, a PE ratio of -0.26 and a beta of 1.07.

Iconic Labs Company Profile

(Get Free Report)

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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