Insider Buying: Evoke plc (LON:EVOK) Insider Purchases 200,000 Shares of Stock

Evoke plc (LON:EVOK) insider Jonathan (Jon) Mendelsohn acquired 200,000 shares of the company’s stock in a transaction dated Monday, March 31st. The stock was acquired at an average price of GBX 48 ($0.62) per share, with a total value of £96,000 ($124,031.01).

Evoke Stock Performance

Shares of LON:EVOK traded up GBX 0.42 ($0.01) on Tuesday, hitting GBX 47.90 ($0.62). The stock had a trading volume of 1,684,786 shares, compared to its average volume of 2,193,486. The firm’s 50 day moving average price is GBX 68.36 and its 200-day moving average price is GBX 63.39. Evoke plc has a twelve month low of GBX 46.25 ($0.60) and a twelve month high of GBX 8,640 ($111.63). The company has a market capitalization of £213.63 million, a price-to-earnings ratio of -1.20 and a beta of 0.84.

Evoke (LON:EVOK) last released its quarterly earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) EPS for the quarter. Evoke had a negative net margin of 8.50% and a negative return on equity of 517.98%. As a group, sell-side analysts predict that Evoke plc will post 12.7648305 EPS for the current year.

Wall Street Analyst Weigh In

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

Evoke Company Profile