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Verditek Plc ( (GB:EARN) ) has shared an update.
EARNZ plc has secured a £1.2 million contract with Equans to supply and install energy efficiency solutions in 92 homes in Bradford, funded by a £7.1 million grant from Bradford City Council. This contract marks a significant step for EARNZ, as it establishes a new business, Warm Low Living Ltd, to support the project, highlighting its commitment to achieving Net Zero objectives and providing local employment opportunities.
The most recent analyst rating on (GB:EARN) stock is a Hold with a £5.50 price target. To see the full list of analyst forecasts on Verditek Plc stock, see the GB:EARN Stock Forecast page.
Spark’s Take on GB:EARN Stock
According to Spark, TipRanks’ AI Analyst, GB:EARN is a Neutral.
The overall stock score is primarily impacted by Verditek Plc’s financial challenges, including consistent losses and negative cash flows. While technical indicators show some bullish momentum, the negative P/E ratio and lack of dividend yield highlight valuation concerns.
To see Spark’s full report on GB:EARN stock, click here.
More about Verditek Plc
EARNZ plc is an energy services company focused on capitalizing on the global drive for decarbonization. It provides insulation, ventilation upgrades, and renewable energy solutions, aiming to enhance energy efficiency and reduce carbon emissions.
Average Trading Volume: 251,541
Technical Sentiment Signal: Sell
Current Market Cap: £7.5M
Learn more about EARN stock on TipRanks’ Stock Analysis page.