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

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

EARNZ Trading Down 0.1%

The stock’s fifty day moving average is GBX 3.67 and its two-hundred day moving average is GBX 4.02. The firm has a market cap of £9.98 million, a P/E ratio of -2.83 and a beta of 0.27.

EARNZ (LON:EARN – Get Free Report) last announced its quarterly earnings results on Wednesday, September 30th. The company reported GBX (1.10) EPS for the quarter. EARNZ had a negative net margin of 21.60% and a negative return on equity of 64.46%.

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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