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

Evoke plc (LON:EVOK - Get Free Report) shot 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). 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).

Wall Street Analysts Forecast Growth

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

Evoke Stock Performance

The company's fifty day simple moving average is GBX 62.59 and its two-hundred day simple moving average is GBX 62.11. The company has a market capitalization of £207.38 million, a price-to-earnings ratio of -1.16 and a beta of 0.84.

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

Insider Buying and Selling

In related news, 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, for a total transaction of £96,000 ($125,605.13). Also, insider Andrea Gisle Joosen purchased 14,572 shares of the business'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). 27.00% of the stock is currently owned by company insiders.

Evoke Company Profile