Evoke (LON:EVOK) Trading 17.2% Higher - What's Next?

Evoke plc (LON:EVOK - Get Free Report)'s stock price shot up 17.2% during mid-day trading on Tuesday . The stock traded as high as GBX 45.90 ($0.60) and last traded at GBX 44.30 ($0.58). 3,500,189 shares traded hands during trading, an increase of 35% from the average session volume of 2,588,063 shares. The stock had previously closed at GBX 37.80 ($0.49).

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a "buy" rating and issued a GBX 140 ($1.83) target price on shares of Evoke in a research note on Monday, December 16th.

Evoke Stock Performance

The stock's 50 day simple moving average is GBX 62.59 and its 200 day simple moving average is GBX 62.11. The firm has a market cap of £207.38 million, a PE ratio of -1.16 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)) 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, analysts anticipate that Evoke plc will post 12.7648305 earnings per share for the current year.

Insider Activity

In related news, insider Andrea Gisle Joosen bought 14,572 shares of the company's stock in a transaction that occurred on Tuesday, January 28th. The stock was bought at an average cost of GBX 70 ($0.92) per share, for a total transaction of £10,200.40 ($13,346.07). Also, insider Jonathan (Jon) Mendelsohn purchased 200,000 shares of the firm's stock in a transaction on Monday, March 31st. The stock was bought at an average cost of GBX 48 ($0.63) per share, for a total transaction of £96,000 ($125,605.13). Corporate insiders own 27.00% of the company's stock.

Evoke Company Profile