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

Evoke plc (LON:EVOK - Get Free Report)'s share price traded 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). 3,500,189 shares changed hands 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).

Analyst Ratings Changes

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

Evoke Stock Down 4.9 %

The business's fifty day moving average is GBX 62.59 and its two-hundred day moving average is GBX 62.11. The firm has a market cap of £207.38 million, a price-to-earnings ratio of -1.16 and a beta of 0.84.

Evoke (LON:EVOK - Get Free Report) last released its quarterly 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%. Research analysts forecast that Evoke plc will post 12.7648305 EPS for the current year.

Insider Activity

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

Evoke Company Profile