Shares of Evoke plc (LON:EVOK - Get Free Report) dropped 8.8% during trading on Thursday . The company traded as low as GBX 51.90 ($0.67) and last traded at GBX 52.39 ($0.68). Approximately 3,351,066 shares changed hands during mid-day trading, an increase of 60% from the average daily volume of 2,095,448 shares. The stock had previously closed at GBX 57.45 ($0.74).
Wall Street Analysts Forecast Growth
EVOK has been the topic of several recent research reports. Berenberg Bank lowered 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. Jefferies Financial Group reiterated a "buy" rating and set a GBX 140 ($1.81) price target on shares of Evoke in a report on Monday, December 16th.
Read Our Latest Stock Analysis on EVOK
Evoke Stock Performance
The firm has a market cap of £211.75 million, a PE ratio of -1.19 and a beta of 0.84. The firm's 50 day moving average price is GBX 68.88 and its two-hundred day moving average price is GBX 63.49.
Evoke (LON:EVOK - Get Free Report) last posted its earnings results 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%. On average, analysts forecast that Evoke plc will post 12.7648305 earnings per share for the current year.
Insider Activity at Evoke
In other news, insider Andrea Gisle Joosen acquired 14,572 shares of the company's stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average cost of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,189.04). 27.00% of the stock is owned by insiders.
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