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

Posted by Jessica Moore on Mar 28th, 2025

Evoke plc (LON:EVOK – Get Free Report) shares traded down 18.7% during mid-day trading on Wednesday . The company traded as low as GBX 56 ($0.72) and last traded at GBX 58.05 ($0.75). 55,595,465 shares were traded during 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 Analyst Weigh In

Several equities analysts have recently commented on EVOK shares. Berenberg Bank lowered their target price on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a “buy” rating on the stock in a report on Wednesday, December 4th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 140 ($1.81) target price on shares of Evoke in a report on Monday, December 16th.

Get Our Latest Analysis on EVOK

Evoke Price Performance

The firm has a market cap of £224.78 million, a PE ratio of -1.26 and a beta of 0.84. The company has a 50-day simple moving average of GBX 68.88 and a 200-day simple moving average of GBX 63.49.

Evoke (LON:EVOK – Get Free Report) last issued its 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%. As a group, equities research analysts predict that Evoke plc will post 12.7648305 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Andrea Gisle Joosen bought 14,572 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The stock was bought at an average price of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,202.69). 27.00% of the stock is owned by company insiders.