Iconic Labs (LON:ICON) Shares Down 10.8% – Here’s Why
by Danessa Lincoln · The Markets DailyIconic Labs Plc (LON:ICON – Get Free Report)’s stock price fell 10.8% on Tuesday . The stock traded as low as GBX 1.65 and last traded at GBX 1.65. 118,417 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 257,970 shares. The stock had previously closed at GBX 1.85.
Iconic Labs Stock Down 10.8%
The firm’s 50-day moving average is GBX 1.49 and its 200-day moving average is GBX 1.79. The company has a market capitalization of £257,086.50, a PE ratio of -0.31 and a beta of 1.07.
Iconic Labs Company Profile
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.