EARNZ (LON:VDTK) Trading 9.1% Higher – Here’s Why

EARNZ plc (LON:VDTK)’s share price shot up 9.1% on Wednesday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.12 ($0.00). 7,287,739 shares changed hands during mid-day trading, an increase of 100% from the average session volume of 3,636,855 shares. The stock had previously closed at GBX 0.11 ($0.00).

EARNZ Price Performance

The stock has a market capitalization of £1.15 million, a price-to-earnings ratio of -12.00 and a beta of 1.11. The company’s 50-day simple moving average is GBX 0.12 and its 200-day simple moving average is GBX 0.12. The company has a debt-to-equity ratio of 71.10, a current ratio of 2.10 and a quick ratio of 2.55.

About EARNZ

Verditek PLC operates as a clean technology company in the United Kingdom, Italy, and rest of Europe. It manufactures and commercializes solar technologies, and lightweight flexible solar panels. The company's solar modules are used in various applications, such as transportation, real estate, consumer retail, and telecom sectors, as well as in caravans and holiday homes, solar carports and electric vehicle charging, and hotel, safari, glamping, and corporate events; and military, disaster relief, and construction camps.