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.
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.
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