Evoke (LON:EVOK) Stock Price Up 17.2% - Here's What Happened

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

Wall Street Analysts Forecast Growth

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

Evoke Trading Down 4.9 %

The firm has a 50-day moving average of GBX 62.59 and a two-hundred day moving average of GBX 62.10. The firm has a market capitalization of £207.38 million, a P/E ratio of -1.16 and a beta of 0.84.

Evoke (LON:EVOK - Get Free Report) last posted its 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%. On average, sell-side analysts anticipate that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insider Buying and Selling at Evoke

In other Evoke news, insider Andrea Gisle Joosen bought 14,572 shares of Evoke stock in a transaction on Tuesday, January 28th. The shares were purchased at an average cost of GBX 70 ($0.92) per share, with a total value of £10,200.40 ($13,351.31). Also, insider Jonathan (Jon) Mendelsohn purchased 200,000 shares of the company's stock in a transaction dated Monday, March 31st. The shares were acquired at an average cost of GBX 48 ($0.63) per share, with a total value of £96,000 ($125,654.45). Company insiders own 27.00% of the company's stock.

Evoke Company Profile