Evoke (LON:EVOK) Trading Up 16.3% – Should You Buy?

Evoke plc (LON:EVOKGet Free Report) shares shot up 16.3% during trading on Thursday . The company traded as high as GBX 31.35 and last traded at GBX 30.65. 8,538,677 shares were traded during trading, an increase of 320% from the average session volume of 2,031,859 shares. The stock had previously closed at GBX 26.35.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EVOK. Berenberg Bank reiterated a “hold” rating and set a GBX 33 price target on shares of Evoke in a research report on Tuesday. JPMorgan Chase & Co. dropped their price target on shares of Evoke from GBX 66 to GBX 34 and set a “neutral” rating on the stock in a research report on Tuesday, December 2nd. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of GBX 58.33.

Read Our Latest Research Report on EVOK

Evoke Price Performance

The firm has a market capitalization of £137.87 million, a PE ratio of -1.22 and a beta of 0.84. The company has a fifty day moving average of GBX 25.49 and a 200-day moving average of GBX 44.87.

About Evoke

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