Iconic Labs (LON:ICON) Shares Climb 9.8% – Still a Buy?

Iconic Labs Plc (LON:ICON – Get Free Report) shares were up 9.8% on Monday. The stock traded as high as GBX 1.72 and last traded at GBX 1.72. Approximately 165,473 shares were traded during mid-day trading, a decline of 27% from the average session volume of 227,366 shares. The stock had previously closed at GBX 1.57.

Iconic Labs Price Performance

The firm’s 50 day moving average price is GBX 1.51 and its 200-day moving average price is GBX 1.52. The firm has a market cap of £303,906.72, a price-to-earnings ratio of -0.32 and a beta of 1.07.

About Iconic Labs

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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.

Further Reading

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