EARNZ (LON:EARN) Shares Down 5.3% – Here’s Why

EARNZ plc (LON:EARN – Get Free Report)’s stock price fell 5.3% during trading on Thursday. The company traded as low as GBX 4 and last traded at GBX 4.50. 1,096,398 shares changed hands during mid-day trading, an increase of 448% from the average daily volume of 199,946 shares. The stock had previously closed at GBX 4.75.

EARNZ Stock Down 5.3%

The stock has a market cap of £10.58 million, a PE ratio of -3.00 and a beta of 0.27. The stock has a fifty day moving average of GBX 3.63 and a 200-day moving average of GBX 4.03.

EARNZ (LON:EARN – Get Free Report) last posted its quarterly earnings data on Wednesday, September 30th. The company reported GBX (1.10) EPS for the quarter. EARNZ had a negative net margin of 14.82% and a negative return on equity of 41.69%.

EARNZ Company Profile

(Get Free Report)

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.

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