IKONICS (NASDAQ:IKNX) Stock Crosses Above 50-Day Moving Average of $7.35

IKONICS Co. (NASDAQ:IKNX)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $7.35 and traded as high as $6.59. IKONICS shares last traded at $6.58, with a volume of 300 shares changing hands.

Separately, TheStreet downgraded IKONICS from a “c-” rating to a “d” rating in a research note on Thursday, April 25th.

The company’s 50 day moving average is $7.29. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.27 and a quick ratio of 4.20.

About IKONICS (NASDAQ:IKNX)

IKONICS Corporation develops, manufactures, and sells photosensitive liquids and films for screen printing, awards and recognition, and dye sublimation markets worldwide. It operates through five segments: Domestic, Export, IKONICS Imaging, Digital Texturing Technology, and Advanced Material Solutions.

Recommended Story: Do investors pay a separate front-end load every time they buy additional shares?

Receive News & Ratings for IKONICS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IKONICS and related companies with MarketBeat.com's FREE daily email newsletter.