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An update from Ilika plc ( (GB:IKA) ) is now available.
Ilika plc announced the successful passing of all resolutions at its recent Annual General Meeting, reflecting strong shareholder support. The company also granted share options to its executive directors as part of its deferred Bonus Scheme, indicating a strategic move to align management interests with company performance.
The most recent analyst rating on (GB:IKA) stock is a Sell with a £33.00 price target. To see the full list of analyst forecasts on Ilika plc stock, see the GB:IKA Stock Forecast page.
Spark’s Take on GB:IKA Stock
According to Spark, TipRanks’ AI Analyst, GB:IKA is a Underperform.
Ilika plc’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and negative profitability. Technical analysis indicates bearish momentum, further weighing down the score. The negative P/E ratio and lack of dividend yield reflect valuation challenges. These factors collectively result in a low overall stock score, highlighting significant risks and challenges facing the company.
To see Spark’s full report on GB:IKA stock, click here.
More about Ilika plc
Ilika plc is a global leader in the development of solid-state battery technology, focusing on providing scalable and affordable alternatives to conventional batteries. The company serves industries such as electric vehicles, medical devices, and consumer appliances with its Stereax batteries for miniature applications and Goliath batteries for larger formats. Ilika operates on a licensing business model, supplying its intellectual property to OEMs and manufacturing partners.
Average Trading Volume: 214,920
Technical Sentiment Signal: Buy
Current Market Cap: £72.32M
Find detailed analytics on IKA stock on TipRanks’ Stock Analysis page.