Evoke (LON:EVOK) Shares Down 10% – Here’s What Happened

Shares of Evoke plc (LON:EVOKGet Free Report) were down 10% during mid-day trading on Thursday . The company traded as low as GBX 50.20 ($0.65) and last traded at GBX 51.73 ($0.67). Approximately 65,066,164 shares traded hands during trading, an increase of 1,994% from the average daily volume of 3,107,171 shares. The stock had previously closed at GBX 57.45 ($0.74).

Analyst Ratings Changes

EVOK has been the topic of a number of recent analyst reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 140 ($1.81) target price on shares of Evoke in a research note on Monday, December 16th. Berenberg Bank decreased their price objective on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a “buy” rating for the company in a report on Wednesday, December 4th.

Get Our Latest Research Report on Evoke

Evoke Stock Down 1.1 %

The firm has a 50 day moving average of GBX 68.88 and a 200-day moving average of GBX 63.49. The company has a market cap of £224.78 million, a P/E ratio of -1.26 and a beta of 0.84.

Evoke (LON:EVOKGet Free Report) last posted its quarterly earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share (EPS) for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. On average, research analysts predict that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insider Activity

In other Evoke news, insider Andrea Gisle Joosen acquired 14,572 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The shares were bought at an average cost of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,202.69). Company insiders own 27.00% of the company’s stock.

About Evoke

(Get Free Report)

Recommended Stories

Receive News & Ratings for Evoke Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evoke and related companies with MarketBeat.com's FREE daily email newsletter.