Evoke (LON:EVOK) Trading Down 18.7% – Here’s What Happened

Posted by Jessica Moore on Mar 27th, 2025

Evoke plc (LON:EVOK – Get Free Report)’s share price fell 18.7% on Wednesday . The stock traded as low as GBX 56 ($0.72) and last traded at GBX 58.05 ($0.75). 55,595,465 shares were traded during mid-day trading, an increase of 1,853% from the average session volume of 2,847,325 shares. The stock had previously closed at GBX 71.40 ($0.92).

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EVOK. Berenberg Bank reduced their target price on Evoke from GBX 130 ($1.67) to GBX 90 ($1.16) and set a “buy” rating on the stock in a research note on Wednesday, December 4th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 140 ($1.80) price target on shares of Evoke in a report on Monday, December 16th.

Read Our Latest Stock Report on Evoke

Evoke Price Performance

The stock has a market capitalization of £258.90 million, a price-to-earnings ratio of -1.45 and a beta of 0.84. The firm’s fifty day moving average is GBX 69.75 and its 200-day moving average is GBX 63.69.

Evoke (LON:EVOK – Get Free Report) last issued its earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. On average, sell-side analysts expect that Evoke plc will post 12.7648305 EPS for the current year.

Insiders Place Their Bets

In related news, insider Andrea Gisle Joosen purchased 14,572 shares of Evoke stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average cost of GBX 70 ($0.90) per share, with a total value of £10,200.40 ($13,133.00). 27.00% of the stock is owned by company insiders.