IKNX - Watch for Continued Gains in Shares of Ikonics Corporation (IKNX)

Ikonics Corporation (NASDAQ:IKNX) traded at a new 52-week high today of $21.09. So far today approximately 1.7 million shares have been exchanged, as compared to an average 30-day volume of 22,000 shares.

There is potential upside of 26.4% for shares of Ikonics Corporation based on a current price of $21.09 and an average consensus analyst price target of $26.66.

In the past 52 weeks, Ikonics Corporation share prices are bracketed by a low of $3.12 and a high of $21.09 and is now at $21.09, 576% above that low price.

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.

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