Evoke (LON:EVOK) Shares Down 18.7% - What's Next?

Evoke plc (LON:EVOK - Get Free Report)'s share price was down 18.7% during trading on Wednesday . The stock traded as low as GBX 56 ($0.72) and last traded at GBX 58.05 ($0.75). Approximately 55,595,465 shares were traded during mid-day trading, an increase of 1,853% from the average daily volume of 2,847,325 shares. The stock had previously closed at GBX 71.40 ($0.92).

Analysts Set New Price Targets

EVOK has been the topic of several recent analyst reports. Berenberg Bank dropped their price target on Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a "buy" rating on the stock in a research report on Wednesday, December 4th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 140 ($1.81) price target on shares of Evoke in a research report on Monday, December 16th.

Evoke Stock Down 1.1 %

The stock's 50 day moving average price is GBX 68.88 and its two-hundred day moving average price is GBX 63.49. The firm has a market capitalization of £224.78 million, a price-to-earnings ratio of -1.26 and a beta of 0.84.

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%. On average, equities analysts expect that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insider Buying and Selling

In other Evoke news, insider Andrea Gisle Joosen acquired 14,572 shares of Evoke stock in a transaction that occurred on Tuesday, January 28th. The stock was acquired at an average price of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,189.04). 27.00% of the stock is currently owned by corporate insiders.

Evoke Company Profile