EARNZ (LON:EARN) Issues Quarterly Earnings Results

EARNZ (LON:EARN) released its earnings results on Wednesday. The company reported GBX (1.10) earnings per share for the quarter, Digital Look Earnings reports. EARNZ had a negative return on equity of 41.69% and a negative net margin of 14.82%.

EARNZ Stock Up 5.3%

Shares of LON:EARN traded up GBX 0.25 on Wednesday, hitting GBX 5. 57,690 shares of the company traded hands, compared to its average volume of 195,126. The stock has a 50 day simple moving average of GBX 3.59 and a 200-day simple moving average of GBX 4.03. The company has a market cap of £11.75 million, a PE ratio of -3.33 and a beta of 0.27. EARNZ has a 52 week low of GBX 3 and a 52 week high of GBX 6.50.

About EARNZ

EARNZ plc does not have significant operations. Previously it was engaged in the manufactures and commercializes solar technology. It focuses to seek acquisition targets in the energy services sector. The company was formerly known as Verditek PLC and changed its name to EARNZ plc in March 2024. EARNZ plc was incorporated in 2016 and is based in London, the United Kingdom.