Everplay Group (LON:EVPL) Stock Price Up 2.3% – Time to Buy?

Everplay Group Plc (LON:EVPL)’s share price traded up 2.3% during mid-day trading on Monday . The stock traded as high as GBX 238 and last traded at GBX 232.34. Approximately 269,727 shares were traded during trading, a decline of 62% from the average session volume of 709,125 shares. The stock had previously closed at GBX 227.13.

Analysts Set New Price Targets

Several research firms have recently weighed in on EVPL. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 455 target price on shares of Everplay Group in a report on Monday, March 30th. Jefferies Financial Group cut their price target on shares of Everplay Group from GBX 440 to GBX 380 and set a “buy” rating for the company in a report on Tuesday, March 31st. Shore Capital Group reaffirmed a “buy” rating and set a GBX 430 price objective on shares of Everplay Group in a research note on Wednesday, June 3rd. Finally, Berenberg Bank dropped their price objective on shares of Everplay Group from GBX 450 to GBX 370 and set a “buy” rating for the company in a report on Thursday, March 26th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Everplay Group has an average rating of “Buy” and an average target price of GBX 430.83.

Everplay Group Trading Up 1.7%

The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. The stock has a market cap of £342.03 million, a P/E ratio of 12.63, a P/E/G ratio of 3.16 and a beta of 0.31. The company has a 50-day simple moving average of GBX 258.34 and a 200-day simple moving average of GBX 282.28.

Everplay Group Company Profile

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile.

The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.