Iconic Labs (LON:ICON) Trading 144.2% Higher – Here’s Why

Shares of Iconic Labs Plc (LON:ICONGet Free Report) rose 144.2% on Tuesday . The stock traded as high as GBX 5.88 ($0.08) and last traded at GBX 5.25 ($0.07). Approximately 5,322,175 shares traded hands during mid-day trading, an increase of 2,674% from the average daily volume of 191,871 shares. The stock had previously closed at GBX 2.15 ($0.03).

Iconic Labs Trading Up 144.2 %

The stock has a market cap of £585,900.00, a price-to-earnings ratio of -15.00 and a beta of 1.07. The firm has a fifty day simple moving average of GBX 5.25 and a 200-day simple moving average of GBX 5.25.

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.

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