EARNZ (LON:EARN) Shares Down 7.5% – Should You Sell?
by Doug Wharley · The Cerbat GemEARNZ plc (LON:EARN – Get Free Report) was down 7.5% on Monday . The stock traded as low as GBX 3.70 and last traded at GBX 3.70. Approximately 50,044 shares changed hands during trading, a decline of 61% from the average session volume of 128,199 shares. The stock had previously closed at GBX 4.
EARNZ Price Performance
The business’s 50 day moving average price is GBX 4.37 and its 200-day moving average price is GBX 4.71. The company has a market cap of £8.53 million, a P/E ratio of -2.42 and a beta of 0.28.
EARNZ (LON:EARN – Get Free Report) last announced its earnings results on Tuesday, May 26th. The company reported GBX (1.50) EPS for the quarter. EARNZ had a negative return on equity of 41.69% and a negative net margin of 14.82%.The business had revenue of GBX 1,178 million during the quarter.
About EARNZ
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.