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Pre-market Bull: Eros International Plc (NYSE:EROS) Jumped 24.00%

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the EROS is 45.17%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership […]

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Oversold Stock: Eros International Plc (NYSE:EROS)

Eros International Plc (NYSE:EROS)reports that outstanding interest payments of the Company’s Indian operating subsidiary (EIML) that caused a recent ratings downgrade by CARE have been paid by EIML. The Company is working with CARE in an attempt to restore its previous investment grade rating, with the full support of its existing banking consortium. In addition, […]

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Markets

Oversold Stock; Eros International Plc (NYSE:EROS)

A class action has commenced on behalf of certain shareholders Eros International Plc (NYSE:EROS). The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: Eros and its executives engaged in a scheme to use related-party transactions to fabricate receivables that they reported in Eros’s public financial disclosures;  because […]