Evoke (LON:EVOK) Shares Down 10% - Should You Sell?

Evoke plc (LON:EVOK - Get Free Report)'s share price traded down 10% during trading on Friday . The company traded as low as GBX 50.20 ($0.65) and last traded at GBX 51.73 ($0.67). 65,066,164 shares traded hands during trading, an increase of 1,994% from the average session volume of 3,107,171 shares. The stock had previously closed at GBX 57.45 ($0.74).

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Jefferies Financial Group restated a "buy" rating and issued a GBX 140 ($1.81) price objective on shares of Evoke in a research note on Monday, December 16th. Berenberg Bank decreased their target price on 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.

Evoke Stock Performance

The firm has a market cap of £218.09 million, a P/E ratio of -1.22 and a beta of 0.84. The firm's fifty day moving average is GBX 68.36 and its 200 day moving average is GBX 63.39.

Evoke (LON:EVOK - Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share (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 forecast that Evoke plc will post 12.7648305 EPS for the current year.

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Insider Activity at Evoke

In other Evoke news, insider Jonathan (Jon) Mendelsohn bought 200,000 shares of the firm's stock in a transaction on Monday, March 31st. The shares were purchased at an average price of GBX 48 ($0.62) per share, for a total transaction of £96,000 ($124,111.18). Also, insider Andrea Gisle Joosen purchased 14,572 shares of the company's stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average price of GBX 70 ($0.90) per share, with a total value of £10,200.40 ($13,187.33). 27.00% of the stock is currently owned by corporate insiders.

Evoke Company Profile