Shares of Evoke plc (LON:EVOK - Get Free Report) dropped 20.9% on Wednesday . The stock traded as low as GBX 56 ($0.72) and last traded at GBX 56.50 ($0.73). Approximately 8,039,770 shares traded hands during mid-day trading, an increase of 291% from the average daily volume of 2,054,730 shares. The stock had previously closed at GBX 71.40 ($0.92).
Analyst Ratings Changes
EVOK has been the topic of several recent research reports. Berenberg Bank dropped their target price on shares of 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 objective on shares of Evoke in a research note on Monday, December 16th.
Read Our Latest Research Report on EVOK
Evoke Stock Performance
The firm has a fifty day moving average price of GBX 68.88 and a 200 day moving average price of GBX 63.49. The stock has a market cap of £224.78 million, a PE ratio of -1.26 and a beta of 0.84.
Evoke (LON:EVOK - Get Free Report) last issued its quarterly earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. On average, equities research analysts forecast that Evoke plc will post 12.7648305 earnings per share for the current year.
Insider Buying and Selling at Evoke
In other news, insider Andrea Gisle Joosen purchased 14,572 shares of the company's stock in a transaction on Tuesday, January 28th. The shares were acquired at an average price of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,202.69). 27.00% of the stock is currently owned by company insiders.
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