Evoke (LON:EVOK) Shares Up 17.2% - Still a Buy?

Evoke plc (LON:EVOK - Get Free Report) was up 17.2% on Wednesday . The company 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).

Analyst Ratings Changes

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

Evoke Stock Up 3.0 %

The stock has a market capitalization of £213.63 million, a P/E ratio of -1.20 and a beta of 0.84. The firm has a fifty day moving average price of GBX 62.59 and a two-hundred day moving average price of GBX 62.11.

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 (EPS) for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. Sell-side analysts anticipate that Evoke plc will post 12.7648305 earnings per share for the current fiscal year.

Insider Buying and Selling at Evoke

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

Evoke Company Profile