Evoke (LON:EVOK) Trading Down 18.7% - Should You Sell?

Evoke plc (LON:EVOK - Get Free Report) traded down 18.7% on Thursday . The stock traded as low as GBX 56 ($0.72) and last traded at GBX 58.05 ($0.75). 55,595,465 shares changed hands during trading, an increase of 1,853% from the average session volume of 2,847,325 shares. The stock had previously closed at GBX 71.40 ($0.92).

Analyst Upgrades and Downgrades

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

Evoke Stock Performance

The stock has a market cap of £211.75 million, a P/E ratio of -1.19 and a beta of 0.84. The firm's 50 day moving average is GBX 68.36 and its 200 day moving average is GBX 63.39.

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

Insider Activity

In other Evoke news, insider Andrea Gisle Joosen bought 14,572 shares of the firm's stock in a transaction on Tuesday, January 28th. The shares were acquired at an average cost of GBX 70 ($0.90) per share, with a total value of £10,200.40 ($13,178.81). Insiders own 27.00% of the company's stock.

About Evoke