Ezra (NASDAQ:EZRA) Shares to Reverse Split on Monday, May 18th

Shares of Ezra Holdings Limited (NASDAQ:EZRA) are scheduled to reverse split on Monday, May 18th. The 1-40 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, May 17th.

Ezra Trading Down 26.5%

Shares of NASDAQ:EZRA traded down $0.04 during midday trading on Thursday, hitting $0.11. The stock had a trading volume of 4,473,651 shares, compared to its average volume of 11,631,941. Ezra has a 12 month low of $0.11 and a 12 month high of $3.55. The business has a 50-day moving average of $0.18.

Ezra (NASDAQ:EZRA) last released its earnings results on Thursday, May 7th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $3.80 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of Ezra in a report on Thursday, March 12th. They issued a “sell (e+)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Ezra presently has a consensus rating of “Sell”.

Insider Activity at Ezra

In other Ezra news, CFO Joel Markovits sold 127,562 shares of the company’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $0.21, for a total value of $26,788.02. Following the transaction, the chief financial officer directly owned 128 shares in the company, valued at $26.88. The trade was a 99.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.