Evoke (LON:EVOK) Shares Down 10% – Here’s What Happened

Posted by Brenda Bartman on Mar 27th, 2025

Evoke plc (LON:EVOK – Get Free Report) shares fell 10% during mid-day trading on Thursday . The stock traded as low as GBX 50.20 ($0.65) and last traded at GBX 51.73 ($0.67). 65,066,164 shares changed hands during trading, an increase of 1,994% from the average session volume of 3,107,171 shares. The stock had previously closed at GBX 57.45 ($0.74).

Analysts Set New Price Targets

A number of research firms recently weighed in on EVOK. Berenberg Bank cut their target price on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating for the company in a report on Wednesday, December 4th. Jefferies Financial Group restated a “buy” rating and issued a GBX 140 ($1.81) target price on shares of Evoke in a report on Monday, December 16th.

View Our Latest Stock Report on EVOK

Evoke Trading Down 10.0 %

The firm has a market capitalization of £230.70 million, a P/E ratio of -1.29 and a beta of 0.84. The firm has a 50 day moving average price of GBX 69.32 and a 200-day moving average price of GBX 63.58.

Evoke (LON:EVOK – Get Free Report) last issued 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 return on equity of 517.98% and a negative net margin of 8.50%. Research analysts anticipate that Evoke plc will post 12.7648305 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Andrea Gisle Joosen purchased 14,572 shares of Evoke stock in a transaction that occurred on Tuesday, January 28th. The shares were bought at an average price of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,206.11). 27.00% of the stock is currently owned by corporate insiders.