EARNZ (LON:EARN) Shares Down 11.3% – Should You Sell?

EARNZ plc (LON:EARNGet Free Report) shares fell 11.3% on Friday . The company traded as low as GBX 5.01 and last traded at GBX 5.10. 568,375 shares changed hands during trading, an increase of 322% from the average session volume of 134,814 shares. The stock had previously closed at GBX 5.75.

EARNZ Stock Performance

The firm has a market capitalization of £6.83 million, a price-to-earnings ratio of 1.79 and a beta of 1.17. The firm’s 50-day moving average price is GBX 4.99 and its two-hundred day moving average price is GBX 4.99.

Insider Buying and Selling

In related news, insider Bob Holt acquired 200,000 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was purchased at an average cost of GBX 4 per share, for a total transaction of £8,000. 90.84% of the stock is currently owned by corporate insiders.

EARNZ Company Profile

(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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