Iconic Labs (LON:ICON) Stock Price Down 17.5% – Here’s Why

by · The Cerbat Gem

Iconic Labs Plc (LON:ICON – Get Free Report) was down 17.5% during trading on Thursday . The company traded as low as GBX 2.11 and last traded at GBX 2.89. Approximately 1,566,148 shares traded hands during trading, an increase of 66% from the average daily volume of 941,192 shares. The stock had previously closed at GBX 3.50.

Iconic Labs Stock Performance

The company’s fifty day moving average price is GBX 2.28 and its two-hundred day moving average price is GBX 2.61. The firm has a market capitalization of £417,000.00, a PE ratio of -0.50 and a beta of 1.07.

Iconic Labs (LON:ICON – Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The company reported GBX (6) earnings per share for the quarter.

About Iconic Labs

(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.

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