EARNZ (LON:EARN) Trading 15.1% Higher – Should You Buy?

EARNZ plc (LON:EARN) traded up 15.1% during mid-day trading on Tuesday . The stock traded as high as GBX 5.50 ($0.07) and last traded at GBX 5.50 ($0.07). 149,598 shares were traded during trading, a decline of 69% from the average session volume of 477,453 shares. The stock had previously closed at GBX 4.78 ($0.06).

EARNZ Stock Down 5.6%

The company has a 50 day simple moving average of GBX 5.19 and a 200-day simple moving average of GBX 4.63. The stock has a market cap of £6.04 million, a price-to-earnings ratio of 1.58 and a beta of 1.17.

EARNZ (LON:EARN) last announced its quarterly earnings data on Thursday, September 11th. The company reported GBX (0.30) earnings per share (EPS) for the quarter. EARNZ had a negative net margin of 466.55% and a negative return on equity of 116.64%.

Insider Transactions at EARNZ

In other news, insider John Charlton acquired 58,528 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were purchased at an average price of GBX 6 per share, for a total transaction of £3,511.68. 90.69% of the stock is owned by insiders.

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.