Evoke (LON:EVOK) Shares Down 18.7% - Should You Sell?

Evoke plc (LON:EVOK - Get Free Report) dropped 18.7% on Wednesday . The stock traded as low as GBX 56 ($0.72) and last traded at GBX 58.05 ($0.75). Approximately 55,595,465 shares were traded during mid-day trading, an increase of 1,853% from the average daily volume of 2,847,325 shares. The stock had previously closed at GBX 71.40 ($0.92).

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Jefferies Financial Group reissued a "buy" rating and set a GBX 140 ($1.81) target price 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 ($1.16) and set a "buy" rating for the company in a research report on Wednesday, December 4th.

Evoke Stock Down 1.1 %

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

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 research analysts expect that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insider Transactions at Evoke

In other Evoke news, insider Andrea Gisle Joosen bought 14,572 shares of the stock in a transaction dated Tuesday, January 28th. The stock was bought at an average cost of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,189.04). Corporate insiders own 27.00% of the company's stock.

Evoke Company Profile