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

Evoke plc (LON:EVOK - Get Free Report) shares traded up 17.2% on Tuesday . The stock traded as high as GBX 45.90 ($0.60) and last traded at GBX 44.30 ($0.58). 3,500,189 shares were traded during mid-day 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 Down 4.9 %

The stock has a market capitalization of £207.38 million, a PE ratio of -1.16 and a beta of 0.84. The business's fifty day moving average is GBX 62.59 and its 200-day moving average is GBX 62.11.

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

Insider Transactions at Evoke

In related news, insider Jonathan (Jon) Mendelsohn acquired 200,000 shares of Evoke stock in a transaction on Monday, March 31st. The shares were bought at an average price of GBX 48 ($0.63) per share, for a total transaction of £96,000 ($125,605.13). Also, insider Andrea Gisle Joosen bought 14,572 shares of the firm's stock in a transaction dated Tuesday, January 28th. The stock was bought at an average cost of GBX 70 ($0.92) per share, with a total value of £10,200.40 ($13,346.07). Company insiders own 27.00% of the company's stock.

Evoke Company Profile