Evoke plc (LON:EVOK - Get Free Report) shares fell 18.3% during mid-day trading on Wednesday . The stock traded as low as GBX 56 ($0.72) and last traded at GBX 58.30 ($0.75). 8,720,666 shares were traded during trading, an increase of 322% from the average session volume of 2,066,078 shares. The stock had previously closed at GBX 71.40 ($0.92).
Analyst Ratings Changes
Several research firms have weighed in on EVOK. Berenberg Bank lowered their target price on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a "buy" rating for the company in a research note on Wednesday, December 4th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 140 ($1.81) price objective on shares of Evoke in a research report on Monday, December 16th.
Read Our Latest Stock Analysis on EVOK
Evoke Stock Performance
The firm has a market cap of £224.78 million, a P/E ratio of -1.26 and a beta of 0.84. The firm has a fifty day moving average of GBX 68.88 and a 200-day moving average of GBX 63.49.
Evoke (LON:EVOK - Get Free Report) last posted its 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 net margin of 8.50% and a negative return on equity of 517.98%. Equities research analysts expect that Evoke plc will post 12.7648305 earnings per share for the current year.
Insider Activity at Evoke
In other Evoke news, insider Andrea Gisle Joosen purchased 14,572 shares of Evoke stock in a transaction on Tuesday, January 28th. The stock was bought 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 insiders.
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