Evoke (LON:EVOK) Trading Down 8.8% – Here’s Why

Posted by Lauren Steadman on Mar 29th, 2025

Evoke plc (LON:EVOK – Get Free Report)’s stock price dropped 8.8% during mid-day trading on Thursday . The company traded as low as GBX 51.90 ($0.67) and last traded at GBX 52.39 ($0.68). Approximately 3,351,066 shares changed hands during trading, an increase of 60% from the average daily volume of 2,095,448 shares. The stock had previously closed at GBX 57.45 ($0.74).

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on Evoke

Evoke Price Performance

The firm has a market cap of £224.78 million, a P/E ratio of -1.26 and a beta of 0.84. The stock’s 50-day simple moving average is GBX 68.88 and its two-hundred day simple moving average is GBX 63.49.

Evoke (LON:EVOK – Get Free Report) last issued its quarterly 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, sell-side analysts expect 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 the business’s stock in a transaction dated Tuesday, January 28th. The shares were 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.