Evoke (LON:EVOK) Announces Earnings Results

Evoke (LON:EVOK) announced its earnings results on Wednesday. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter, Digital Look Earnings reports. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%.

Evoke Price Performance

Shares of EVOK stock traded down GBX 1.44 ($0.02) during trading on Friday, reaching GBX 49.51 ($0.64). The company’s stock had a trading volume of 4,194,721 shares, compared to its average volume of 2,193,532. Evoke has a 1-year low of GBX 49.18 ($0.64) and a 1-year high of GBX 8,640 ($111.86). The stock’s 50-day moving average price is GBX 69.32 and its 200 day moving average price is GBX 63.58. The company has a market capitalization of £220.80 million, a price-to-earnings ratio of -1.24 and a beta of 0.84.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on EVOK shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 140 ($1.81) price objective on shares of Evoke in a research report on Monday, December 16th. Berenberg Bank lowered their price target on Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating for the company in a research report on Wednesday, December 4th.

Insiders Place Their Bets

In related news, insider Andrea Gisle Joosen acquired 14,572 shares of the stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average cost of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,206.11). 27.00% of the stock is owned by company insiders.

About Evoke