Evoke (LON:EVOK) Shares Down 9.6% – Here’s What Happened

Evoke plc (LON:EVOKGet Free Report) shares fell 9.6% during mid-day trading on Saturday . The stock traded as low as GBX 26.10 and last traded at GBX 26.50. 8,449,295 shares changed hands during trading, an increase of 230% from the average session volume of 2,564,155 shares. The stock had previously closed at GBX 29.30.

Analysts Set New Price Targets

EVOK has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Evoke from GBX 88 to GBX 108 and gave the company a “buy” rating in a report on Wednesday, August 13th. JPMorgan Chase & Co. lowered their price objective on Evoke from GBX 82 to GBX 66 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Finally, Berenberg Bank cut Evoke to a “hold” rating and cut their target price for the company from GBX 95 to GBX 35 in a research note on Thursday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 87.25.

Get Our Latest Report on EVOK

Evoke Price Performance

The firm has a market capitalization of £119.17 million, a P/E ratio of -1.06 and a beta of 0.84. The firm’s fifty day moving average price is GBX 42.33 and its 200-day moving average price is GBX 53.93.

Evoke Company Profile

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