Evoke (LON:EVOK) Posts Earnings Results

Evoke (LON:EVOK) announced its earnings results on Wednesday. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter, Digital Look Earnings reports. Evoke had a negative net margin of 8.50% and a negative return on equity of 517.98%.

Evoke Trading Down 20.5 %

EVOK stock traded down GBX 14.65 ($0.19) during mid-day trading on Wednesday, hitting GBX 56.75 ($0.73). 7,735,675 shares of the company were exchanged, compared to its average volume of 2,049,661. The firm has a fifty day simple moving average of GBX 69.57 and a 200 day simple moving average of GBX 63.63. The company has a market capitalization of £253.10 million, a PE ratio of -1.42 and a beta of 0.84. Evoke has a twelve month low of GBX 49.18 ($0.64) and a twelve month high of GBX 8,640 ($111.86).

Insider Activity

In other news, insider Andrea Gisle Joosen purchased 14,572 shares of the stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average cost of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,206.11). Company insiders own 27.00% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Berenberg Bank lowered their target price on Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating for the company in a research note on Wednesday, December 4th. Jefferies Financial Group restated a “buy” rating and set a GBX 140 ($1.81) price objective on shares of Evoke in a research note on Monday, December 16th.

About Evoke