Earthport (EPO) Reaches New 12-Month Low at $15.25
Earthport plc (LON:EPO) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 15.25 ($0.21) and last traded at GBX 15.50 ($0.21), with a volume of 200874 shares changing hands. The stock had previously closed at GBX 15.88 ($0.21).
A number of research firms have issued reports on EPO. N+1 Singer increased their price target on Earthport from GBX 35 ($0.47) to GBX 68 ($0.92) and gave the company a “corporate” rating in a research report on Monday, October 9th. Shore Capital reaffirmed a “house stock” rating on shares of Earthport in a research report on Monday, October 9th.
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Earthport plc is a financial services company. The Company provides cross-border payment services to business enterprises and banks. The Company’s payments solution connects international payment and local infrastructures to provide clients access to global payment options via a managed service. Its service offers a range of options for connectivity, including application program interface (API), file-based solutions and Society for Worldwide Interbank Financial Telecommunication (SWIFT); validation and message transformation; advisory services for market entry and new product development; project management support during implementation; client funding options and liquidity management services, and various currency offerings to support a range of currency requirements.
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