EARNZ (LON:EARN) Shares Down 2.6% – Here’s What Happened

EARNZ plc (LON:EARN) traded down 2.6% during mid-day trading on Friday . The stock traded as low as GBX 5.70 and last traded at GBX 5.70. 177,413 shares changed hands during mid-day trading, an increase of 49% from the average session volume of 118,943 shares. The stock had previously closed at GBX 5.85.

EARNZ Stock Down 2.6%

The business has a fifty day moving average of GBX 4.74 and a 200 day moving average of GBX 4.93. The company has a market cap of £7.63 million, a P/E ratio of 2.00 and a beta of 1.17.

Insider Transactions at EARNZ

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

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.