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

Ezra Holdings Limited (NASDAQ:EZRA) shares are going to reverse split on the morning of 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 NASDAQ EZRA traded down $0.04 during midday trading on Thursday, hitting $0.11. The company’s stock had a trading volume of 4,473,651 shares, compared to its average volume of 11,631,941. Ezra has a 1-year low of $0.11 and a 1-year high of $3.55. The business has a fifty day simple moving average of $0.18.

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

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on Ezra in a research note on Thursday, March 12th. They set a “sell (e+)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Insiders Place Their Bets

In other Ezra news, CFO Joel Markovits sold 127,562 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $0.21, for a total transaction of $26,788.02. Following the completion of the transaction, the chief financial officer directly owned 128 shares of the company’s stock, valued at $26.88. The trade was a 99.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.