IKNX - Shares of Ikonics Corporation (IKNX) Exceed 52-Week High

Shares of Ikonics Corporation (NASDAQ:IKNX) traded today at $24.60, eclipsing its 52-week high. So far today approximately 1.7 million shares have been exchanged, as compared to an average 30-day volume of 22,000 shares.

Ikonics Corporation (NASDAQ:IKNX) has potential upside of 16.9% based on a current price of $22.80 and analysts' consensus 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.

Ikonics Corporation share prices have moved between a 52-week high of $24.60 and a 52-week low of $3.12 and are now trading 631% above that low price at $22.80 per share.

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