Evoke (LON:EVOK) Stock Price Up 14.8% - Time to Buy?

Evoke plc (LON:EVOK - Get Free Report)'s stock price was up 14.8% during mid-day trading on Tuesday . The company traded as high as GBX 43.75 ($0.57) and last traded at GBX 43.40 ($0.57). Approximately 5,488,005 shares changed hands during trading, an increase of 110% from the average daily volume of 2,616,872 shares. The stock had previously closed at GBX 37.80 ($0.49).

Analyst Ratings Changes

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

Evoke Price Performance

The business has a 50 day simple moving average of GBX 62.59 and a 200 day simple moving average of GBX 62.10. 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 posted 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%. On average, equities research analysts predict that Evoke plc will post 12.7648305 EPS for the current year.

Insider Activity

In other news, insider Andrea Gisle Joosen acquired 14,572 shares of the firm's stock in a transaction dated Tuesday, January 28th. The stock was acquired 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 firm's stock in a transaction on 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). Insiders own 27.00% of the company's stock.

Evoke Company Profile