EARNZ (LON:EARN) Stock Price Up 11.6% – Still a Buy?
by Danessa Lincoln · The Markets DailyEARNZ plc (LON:EARN – Get Free Report) shares were up 11.6% on Wednesday . The company traded as high as GBX 3.63 and last traded at GBX 3.63. Approximately 3,211,282 shares were traded during trading, an increase of 1,896% from the average daily volume of 160,848 shares. The stock had previously closed at GBX 3.25.
EARNZ Stock Down 4.1%
The business’s 50 day simple moving average is GBX 4.32 and its 200 day simple moving average is GBX 4.71. The stock has a market cap of £8.23 million, a price-to-earnings ratio of -2.33 and a beta of 0.28.
EARNZ (LON:EARN – Get Free Report) last released its quarterly earnings data on Tuesday, May 26th. The company reported GBX (1.50) earnings per share for the quarter. The firm had revenue of GBX 1,178 million for the quarter. EARNZ had a negative return on equity of 41.69% and a negative net margin of 14.82%.
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.