Evoke (LON:EVOK) Trading Down 16.3% – What’s Next?

Evoke plc (LON:EVOK) shares were down 16.3% during mid-day trading on Wednesday . The stock traded as low as GBX 57.50 ($0.74) and last traded at GBX 59.75 ($0.77). Approximately 6,331,946 shares were traded during mid-day trading, an increase of 212% from the average daily volume of 2,026,266 shares. The stock had previously closed at GBX 71.40 ($0.92).

Analyst Upgrades and Downgrades

Several research analysts have weighed in on EVOK shares. Jefferies Financial Group reiterated 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 dropped their price objective on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating for the company in a research note on Wednesday, December 4th.

Evoke Trading Down 1.3 %

The stock has a market cap of £224.33 million, a P/E ratio of -1.26 and a beta of 0.84. The stock has a 50 day simple moving average of GBX 69.32 and a 200 day simple moving average of GBX 63.58.

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

Insider Activity

In other Evoke news, insider Andrea Gisle Joosen purchased 14,572 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were bought at an average price of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,206.11). Corporate insiders own 27.00% of the company’s stock.

Evoke Company Profile