Evoke (LON:EVOK) Trading Up 17.2% - Should You Buy?

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

Wall Street Analysts Forecast Growth

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

Evoke Stock Performance

The company has a market capitalization of £207.38 million, a price-to-earnings ratio of -1.16 and a beta of 0.84. The company has a 50 day moving average price of GBX 62.59 and a 200 day moving average price of GBX 62.11.

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

Insider Transactions at Evoke

In other news, insider Andrea Gisle Joosen purchased 14,572 shares of the business's stock in a transaction that occurred on Tuesday, January 28th. The shares were acquired 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 acquired 200,000 shares of the firm's stock in a transaction on Monday, March 31st. The stock was purchased at an average price of GBX 48 ($0.63) per share, with a total value of £96,000 ($125,605.13). 27.00% of the stock is currently owned by insiders.

Evoke Company Profile