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

Shares of Ezra Holdings Limited (NASDAQ:EZRA) are going to reverse split before the market opens on Monday, May 18th. The 1-40 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, May 17th.

Ezra Trading Down 26.5%

Ezra stock traded down $0.04 during midday trading on Thursday, hitting $0.11. The stock had a trading volume of 4,473,651 shares, compared to its average volume of 11,631,941. The stock has a fifty day moving average of $0.18. Ezra has a 52-week low of $0.11 and a 52-week high of $3.55.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings started coverage on shares of Ezra in a report on Thursday, March 12th. They issued a “sell (e+)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Insider Transactions at Ezra

In related news, CFO Joel Markovits sold 127,562 shares of Ezra stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $0.21, for a total transaction of $26,788.02. Following the sale, the chief financial officer owned 128 shares of the company’s stock, valued at approximately $26.88. This trade represents a 99.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.