Evoke (LON:EVOK) Trading 17.2% Higher – What’s Next?

Evoke plc (LON:EVOK)’s stock price was up 17.2% during mid-day trading on Tuesday . The company traded as high as GBX 45.90 ($0.58) and last traded at GBX 44.30 ($0.56). 3,500,189 shares traded 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 ($0.48).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 140 ($1.78) price target on shares of Evoke in a research note on Monday, December 16th.

Evoke Stock Performance

The company has a fifty day simple moving average of GBX 65.63 and a two-hundred day simple moving average of GBX 62.80. The company has a market capitalization of £197.57 million, a price-to-earnings ratio of -1.11 and a beta of 0.84.

Evoke (LON:EVOK) last released its 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, analysts expect that Evoke plc will post 12.7648305 EPS for the current year.

Insider Transactions at Evoke

In related news, insider Jonathan (Jon) Mendelsohn acquired 200,000 shares of the stock in a transaction dated Monday, March 31st. The stock was bought at an average cost of GBX 48 ($0.61) per share, with a total value of £96,000 ($122,199.59). Also, insider Andrea Gisle Joosen acquired 14,572 shares of the company’s stock in a transaction dated Tuesday, January 28th. The shares were purchased at an average price of GBX 70 ($0.89) per share, with a total value of £10,200.40 ($12,984.22). Insiders own 27.00% of the company’s stock.

Evoke Company Profile