Evoke (LON:EVOK) Shares Up 17.2% – What’s Next?

Evoke plc (LON:EVOK) rose 17.2% during mid-day trading on Wednesday . The stock 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).

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 140 ($1.82) target price on shares of Evoke in a research note on Monday, December 16th.

Evoke Stock Down 4.5 %

The company has a 50-day moving average of GBX 63.08 and a 200 day moving average of GBX 62.19. The stock has a market capitalization of £208.28 million, a PE ratio of -1.17 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)) 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%. As a group, equities analysts predict that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insider Activity at Evoke

In related news, insider Andrea Gisle Joosen acquired 14,572 shares of the stock in a transaction 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 ($13,240.39). Also, insider Jonathan (Jon) Mendelsohn bought 200,000 shares of the business’s stock in a transaction on Monday, March 31st. The stock was bought at an average cost of GBX 48 ($0.62) per share, with a total value of £96,000 ($124,610.59). 27.00% of the stock is owned by corporate insiders.

Evoke Company Profile