Ezra Stock Scheduled to Reverse Split on Monday, May 18th (NASDAQ:EZRA)

Ezra Holdings Limited (NASDAQ:EZRAFree Report) shares are scheduled to reverse split before the market opens on Monday, May 18th. The 1-40 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, May 17th.

Ezra Stock Performance

Shares of Ezra stock traded down $0.04 on Thursday, reaching $0.11. The company had a trading volume of 4,473,651 shares, compared to its average volume of 11,631,941. The business has a 50 day simple moving average of $0.18. Ezra has a 52-week low of $0.11 and a 52-week high of $3.55.

Ezra (NASDAQ:EZRAGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $3.80 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on shares of Ezra in a research note on Thursday, March 12th. They set a “sell (e+)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Ezra presently has an average rating of “Sell”.

View Our Latest Analysis on Ezra

Insiders Place Their Bets

In related news, CFO Joel Markovits sold 127,562 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $0.21, for a total transaction of $26,788.02. Following the sale, the chief financial officer directly owned 128 shares of the company’s stock, valued at $26.88. This represents a 99.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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