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

Posted by Lauren Steadman on Mar 29th, 2025

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on EVOK shares. Berenberg Bank dropped their price objective on Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a “buy” rating for the company in a report on Wednesday, December 4th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 140 ($1.81) price target on shares of Evoke in a report on Monday, December 16th.

View Our Latest Research Report on Evoke

Evoke Price Performance

The company has a 50 day moving average of GBX 68.88 and a two-hundred day moving average of GBX 63.49. The company has a market capitalization of £224.78 million, a PE ratio of -1.26 and a beta of 0.84.

Evoke (LON:EVOK – Get Free Report) last announced its quarterly earnings data on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. On average, equities analysts anticipate that Evoke plc will post 12.7648305 EPS for the current year.

Insider Activity at Evoke

In related news, insider Andrea Gisle Joosen purchased 14,572 shares of Evoke stock in a transaction dated Tuesday, January 28th. The stock was purchased at an average cost of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,202.69). 27.00% of the stock is owned by corporate insiders.