EARNZ (LON:EARN) Shares Down 7.5% – Here’s What Happened

EARNZ plc (LON:EARNGet Free Report) dropped 7.5% during trading on Monday . The company traded as low as GBX 3.70 and last traded at GBX 3.70. Approximately 50,044 shares were traded during mid-day trading, a decline of 61% from the average session volume of 128,199 shares. The stock had previously closed at GBX 4.

EARNZ Trading Down 7.5%

The company’s 50 day moving average is GBX 4.44 and its 200 day moving average is GBX 4.72. The company has a market cap of £8.70 million, a PE ratio of -2.47 and a beta of 0.28.

EARNZ (LON:EARNGet Free Report) last released its quarterly earnings data 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

(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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