EARNZ plc (LON:EARN – Get Free Report) rose 11.6% during trading on Wednesday . The stock traded as high as GBX 3.63 and last traded at GBX 3.63. Approximately 3,211,282 shares changed hands during mid-day trading, an increase of 1,896% from the average daily volume of 160,848 shares. The stock had previously closed at GBX 3.25.
EARNZ Stock Up 11.6%
The stock’s 50-day simple moving average is GBX 4.37 and its two-hundred day simple moving average is GBX 4.71. The company has a market capitalization of £8.53 million, a price-to-earnings ratio of -2.42 and a beta of 0.28.
EARNZ (LON:EARN – Get Free Report) last announced its earnings results on Tuesday, May 26th. The company reported GBX (1.50) earnings per share (EPS) for the quarter. The company had revenue of GBX 1,178 million during the quarter. EARNZ had a negative net margin of 14.82% and a negative return on equity of 41.69%.
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.
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