Shares of Evoke plc (LON:EVOK - Get Free Report) dropped 10% on Thursday . The company traded as low as GBX 50.20 ($0.65) and last traded at GBX 51.73 ($0.67). Approximately 65,066,164 shares changed hands during mid-day trading, an increase of 1,994% from the average daily volume of 3,107,171 shares. The stock had previously closed at GBX 57.45 ($0.74).
Wall Street Analyst Weigh In
Several brokerages recently issued reports on EVOK. Berenberg Bank decreased their price target on Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a "buy" rating for the company in a report on Wednesday, December 4th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 140 ($1.81) target price on shares of Evoke in a research note on Monday, December 16th.
Check Out Our Latest Research Report on EVOK
Evoke Stock Performance
The stock has a market cap of £211.75 million, a PE ratio of -1.19 and a beta of 0.84. The business has a 50 day moving average price of GBX 68.36 and a two-hundred day moving average price of GBX 63.39.
Evoke (LON:EVOK - Get Free Report) 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%. As a group, research analysts anticipate that Evoke plc will post 12.7648305 earnings per share for the current year.
Insider Buying and Selling
In related news, insider Andrea Gisle Joosen acquired 14,572 shares of the stock in a transaction on Tuesday, January 28th. The shares were acquired at an average price of GBX 70 ($0.90) per share, with a total value of £10,200.40 ($13,178.81). 27.00% of the stock is owned by insiders.
Evoke Company Profile
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