Earthport (EPO) Reaches New 52-Week Low at $8.76

Earthport plc (LON:EPO) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 8.76 ($0.12) and last traded at GBX 8.85 ($0.12), with a volume of 2729372 shares. The stock had previously closed at GBX 8.85 ($0.12).

A number of research analysts have recently issued reports on the stock. N+1 Singer boosted their price target on shares of Earthport from GBX 35 ($0.47) to GBX 68 ($0.92) and gave the stock a “corporate” rating in a research note on Monday, October 9th. Shore Capital reiterated a “house stock” rating on shares of Earthport in a research note on Monday, October 9th.

The stock has a market capitalization of $50.72 and a P/E ratio of -413.00.

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Earthport Company Profile

Earthport plc is a financial services company. The Company provides cross-border payment services to business enterprises and banks. The Company’s payments solution connects international payment and local infrastructures to provide clients access to global payment options via a managed service. Its service offers a range of options for connectivity, including application program interface (API), file-based solutions and Society for Worldwide Interbank Financial Telecommunication (SWIFT); validation and message transformation; advisory services for market entry and new product development; project management support during implementation; client funding options and liquidity management services, and various currency offerings to support a range of currency requirements.

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