Evoke (LON:EVOK) Shares Down 18.3% – Time to Sell?

Evoke plc (LON:EVOKGet Free Report)’s stock price dropped 18.3% during trading on Wednesday . The company traded as low as GBX 28.95 and last traded at GBX 30.55. Approximately 13,609,472 shares were traded during trading, an increase of 439% from the average daily volume of 2,525,122 shares. The stock had previously closed at GBX 37.40.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on EVOK shares. JPMorgan Chase & Co. decreased their target price on Evoke from GBX 82 to GBX 66 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft boosted their price objective on Evoke from GBX 88 to GBX 108 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 95 target price on shares of Evoke in a report on Thursday, August 21st. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 102.25.

View Our Latest Stock Report on Evoke

Evoke Trading Down 8.0%

The stock has a 50-day simple moving average of GBX 42.88 and a 200 day simple moving average of GBX 54.11. The stock has a market capitalization of £121.19 million, a price-to-earnings ratio of -1.07 and a beta of 0.84.

Evoke Company Profile

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