Evoke (LON:EVOK) Stock Price Up 17.2% – What’s Next?

Shares of Evoke plc (LON:EVOKGet Free Report) rose 17.2% during trading on Tuesday . The stock traded as high as GBX 45.90 ($0.58) and last traded at GBX 44.30 ($0.56). Approximately 3,500,189 shares traded hands during trading, an increase of 35% from the average daily volume of 2,588,063 shares. The stock had previously closed at GBX 37.80 ($0.48).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 140 ($1.78) price objective on shares of Evoke in a research note on Monday, December 16th.

View Our Latest Stock Analysis on Evoke

Evoke Stock Up 17.2 %

The company has a 50-day moving average price of GBX 65.63 and a 200-day moving average price of GBX 62.80. The company has a market capitalization of £197.57 million, a price-to-earnings ratio of -1.11 and a beta of 0.84.

Evoke (LON:EVOKGet Free Report) last released its 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 net margin of 8.50% and a negative return on equity of 517.98%. Equities analysts expect that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insider Transactions at Evoke

In other news, insider Jonathan (Jon) Mendelsohn purchased 200,000 shares of the stock in a transaction that occurred on Monday, March 31st. The shares were purchased at an average cost of GBX 48 ($0.61) per share, for a total transaction of £96,000 ($122,199.59). Also, insider Andrea Gisle Joosen acquired 14,572 shares of Evoke stock in a transaction on Tuesday, January 28th. The stock was purchased at an average price of GBX 70 ($0.89) per share, with a total value of £10,200.40 ($12,984.22). 27.00% of the stock is currently owned by corporate insiders.

Evoke Company Profile

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