IKNX - Ikonics Corporation: 52-Week High Recently Eclipsed (IKNX)

Ikonics Corporation (NASDAQ:IKNX) traded today at a new 52-week high of $19.96. This new high was reached on above average trading volume as 1.7 million shares traded hands, while the average 30-day volume is approximately 22,000 shares.

There is potential upside of 40.2% for shares of Ikonics Corporation based on a current price of $19.01 and an average consensus analyst price target of $26.66.

Ikonics Corp is engaged in the development, manufacturing, and selling of photosensitive liquids and films for the screen printing, awards and recognition industries. It has four segments. Chromaline, which is the key revenue driver, sells screen printing film, emulsions, and inkjet receptive film primarily to distributors and some end users. IKONICS Imaging sells photo resistant film, art supplies, glass, and related abrasive etching equipment. Advanced Material Solutions provides sound deadening and weight reduction technology to the aerospace industry and products for etched composites, ceramics, glass, and silicon wafers. Digital Texturing Technology includes products related to patented and proprietary inkjet technology used for mold texturing and prototyping.

In the past 52 weeks, shares of Ikonics Corporation have traded between a low of $3.12 and a high of $19.96 and is now at $19.01, which is 509% above that low price.

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