Australia's EVZ on track for best session in nearly 26 years on upbeat forecast

EVZ

12/11/2020 24:40

** Shares of EVZ Ltd  EVZ.AX  rise as much as 127.27% to
A$0.25, on track for their biggest gain since Jan. 11, 1995
    ** Engineering services firm sees core earnings in the range
of A$3 mln to A$3.5 mln as business improved significantly on
prior corresponding period  urn:newsml:reuters.com:*:nASX5nvsFs
    ** Says result marks a return to profit for the co in
construction,    energy    and fuel sectors
    ** Stock posts hits its highest since March 21, 2019
    ** About 3.1 mln shares traded compared with 30-day average
volume of nearly 70,000 shares
    ** Stock is down 47.62% this year, as of last close


($1 = 1.3731 Australian dollars)

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.mishra@thomsonreuters.com))