Evolution AB (publ) (OTCMKTS:EVGGF) Stock Now Rated “Hold” by Wall Street Analysts

Evolution AB (publ) (OTCMKTS:EVGGF) has been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company.

A number of equities research analysts have recently commented on EVGGF shares. Citigroup reaffirmed a “neutral” rating on shares of Evolution AB (publ) in a research report on Monday, July 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Evolution AB (publ) in a research report on Monday, July 20th. Finally, UBS Group raised shares of Evolution AB (publ) to a “neutral” rating in a research report on Monday, August 3rd.

Evolution AB (publ) Price Performance

Shares of OTCMKTS:EVGGF opened at $82.41 on Tuesday. Evolution AB has a 52 week low of $56.15 and a 52 week high of $91.29. The company has a 50 day moving average price of $83.08 and a two-hundred day moving average price of $74.14.

About Evolution AB (publ)

Evolution AB (publ), formerly known as Evolution Gaming Group, is a Sweden-based provider of online casino solutions. The company develops and operates live casino games that allow players to participate in real-time games such as blackjack, roulette, baccarat and game-show formats hosted by professional dealers.

Evolution supplies its games and technology primarily to online casino operators, including through live casino studios, streaming infrastructure, game-management systems and related services.