Evoke (LON:EVOK) Trading 17.2% Higher - Time to Buy?

Evoke plc (LON:EVOK - Get Free Report)'s stock price was up 17.2% during trading 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 mid-day 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).

Wall Street Analysts Forecast Growth

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

Evoke Stock Up 3.0 %

The stock has a market cap of £213.63 million, a P/E ratio of -1.20 and a beta of 0.84. The company has a 50-day simple moving average of GBX 62.59 and a two-hundred day simple moving average of GBX 62.11.

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

Insider Buying and Selling

In related news, insider Andrea Gisle Joosen purchased 14,572 shares of the firm's stock in a transaction that occurred on Tuesday, January 28th. The stock was bought at an average cost 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 business's stock in a transaction on Monday, March 31st. The shares were purchased at an average cost of GBX 48 ($0.63) per share, for a total transaction of £96,000 ($125,605.13). 27.00% of the stock is owned by insiders.

Evoke Company Profile