Evoke (LON:EVOK) Shares Down 10% – Should You Sell?

Posted by Linda Flegge on Mar 28th, 2025

Evoke plc (LON:EVOK – Get Free Report) shares fell 10% during 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 traded 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).

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Berenberg Bank lowered their price objective on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating on the stock in a research report on Wednesday, December 4th. Jefferies Financial Group restated a “buy” rating and issued a GBX 140 ($1.81) price target on shares of Evoke in a research note on Monday, December 16th.

Get Our Latest Report on EVOK

Evoke Trading Down 10.0 %

The company’s 50 day moving average price is GBX 69.32 and its two-hundred day moving average price is GBX 63.58. The firm has a market cap of £230.70 million, a PE ratio of -1.29 and a beta of 0.84.

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

Insider Transactions at Evoke

In related news, insider Andrea Gisle Joosen bought 14,572 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was purchased at an average price of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,206.11). Corporate insiders own 27.00% of the company’s stock.