Evoke (LON:EVOK) Stock Price Up 17.2% - Time to Buy?

Evoke plc (LON:EVOK - Get Free Report)'s share price was up 17.2% during trading 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 were traded 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).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed 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 Stock Performance

The stock's fifty day moving average price is GBX 62.59 and its two-hundred day moving average price is GBX 62.11. The company has a market cap of £207.38 million, a P/E ratio of -1.16 and a beta of 0.84.

Evoke (LON:EVOK - Get Free Report) last announced its quarterly 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%. On average, equities research analysts forecast that Evoke plc will post 12.7648305 EPS for the current year.

Insider Transactions at Evoke

In other Evoke news, insider Andrea Gisle Joosen bought 14,572 shares of the stock in a transaction dated Tuesday, January 28th. The shares were 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 dated Monday, March 31st. The shares were bought at an average price of GBX 48 ($0.63) per share, with a total value of £96,000 ($125,605.13). Insiders own 27.00% of the company's stock.

Evoke Company Profile