Evoke (LON:EVOK) Shares Down 10% - Here's Why

Evoke plc (LON:EVOK - Get Free Report)'s stock price traded down 10% on Thursday . The stock traded as low as GBX 50.20 ($0.65) and last traded at GBX 51.73 ($0.67). 65,066,164 shares were traded 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

A number of research analysts recently issued reports on EVOK shares. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 140 ($1.81) price objective on shares of Evoke in a report on Monday, December 16th. Berenberg Bank dropped their price target on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a "buy" rating for the company in a research note on Wednesday, December 4th.

Evoke Trading Down 5.3 %

The stock has a market cap of £211.75 million, a P/E ratio of -1.19 and a beta of 0.84. The business has a 50-day simple moving average of GBX 68.36 and a 200 day simple moving average of GBX 63.39.

Evoke (LON:EVOK - Get Free Report) last announced its earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) EPS for the quarter. Evoke had a negative net margin of 8.50% and a negative return on equity of 517.98%. As a group, equities analysts expect that Evoke plc will post 12.7648305 earnings per share for the current year.

Insider Transactions at Evoke

In other news, insider Andrea Gisle Joosen purchased 14,572 shares of the business's stock in a transaction on Tuesday, January 28th. The shares were acquired at an average price of GBX 70 ($0.90) per share, for a total transaction of £10,200.40 ($13,178.81). 27.00% of the stock is currently owned by corporate insiders.

Evoke Company Profile