Evoke (LON:EVOK) Trading Down 4.1% – Here’s Why

Evoke plc (LON:EVOK)’s stock price was down 4.1% on Wednesday . The stock traded as low as GBX 35.85 and last traded at GBX 35.85. Approximately 934,967 shares traded hands during trading, a decline of 62% from the average daily volume of 2,470,016 shares. The stock had previously closed at GBX 37.40.

Wall Street Analyst Weigh In

EVOK has been the subject of a number of recent analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 95 price target on shares of Evoke in a research report on Thursday, August 21st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Evoke from GBX 88 to GBX 108 and gave the company a “buy” rating in a research note on Wednesday, August 13th. Finally, JPMorgan Chase & Co. cut their price target on Evoke from GBX 82 to GBX 66 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 102.25.

Evoke Price Performance

The stock has a market cap of £127.31 million, a P/E ratio of -1.13 and a beta of 0.84. The firm’s 50-day moving average price is GBX 42.88 and its 200-day moving average price is GBX 54.11.

About Evoke