ERTH Group (地盤ネット-related) shares underwent sharp changes in early November. After surging on 11/4, the shares fell on 11/5, and on 11/6 there was discussion of a sharp decline and signs of a rebound, while related IR disclosures and stock acquisition rights continued to attract attention.
Activity surrounding ERTH Group (地盤ネット-related) intensified in early November, and on 11/4 the shares rose ¥117 to close at ¥1,224. Trading volume was substantial at approximately 7,971,100 shares, while the divergence rates from the 5-day, 25-day and 200-day moving averages also showed an upward trend.
On 11/5, the closing price fell to ¥1,135, with trading volume of approximately 2,432,000 shares. The divergence rate from the 5-day moving average fluctuated from the previous day, and the total assets were stated as approximately 9,400 shares, while the market capitalisation of 地盤ネット was reported at approximately ¥26.3 billion.
On 11/6, the closing price fell again to ¥972, while trading volume was approximately 2,960,700 shares and market capitalisation declined to approximately ¥22.5 billion. Social media posts concerning 地盤ネット showed active trading, with multiple records of day trading also visible.