EARNZ (LON:EARN) Shares Up 9.1% – Here’s Why

Shares of EARNZ plc (LON:EARN – Get Free Report) shot up 9.1% during trading on Tuesday. The stock traded as high as GBX 6 and last traded at GBX 6. 292,147 shares were traded during mid-day trading, a decline of 8% from the average session volume of 318,835 shares. The stock had previously closed at GBX 5.50.

EARNZ Price Performance

The stock has a market capitalization of £12.93 million, a PE ratio of -2.39 and a beta of 0.27. The stock’s 50 day simple moving average is GBX 4.52 and its two-hundred day simple moving average is GBX 4.39.

EARNZ (LON:EARN – Get Free Report) last released its earnings results on Wednesday, September 30th. The company reported GBX (1.10) earnings per share for the quarter. EARNZ had a negative net margin of 21.60% and a negative return on equity of 64.46%.

About EARNZ

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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.

Further Reading

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