Evoke (LON:EVOK) Trading Up 17.2% – Time to Buy?

Evoke plc (LON:EVOK) traded up 17.2% during trading on Tuesday . The stock traded as high as GBX 45.90 ($0.58) and last traded at GBX 44.30 ($0.56). 3,500,189 shares changed hands during 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 reissued a “buy” rating and set a GBX 140 ($1.78) target price on shares of Evoke in a research note on Monday, December 16th.

Evoke Stock Up 17.2 %

The firm has a market cap of £197.57 million, a P/E ratio of -1.11 and a beta of 0.84. The stock’s 50-day moving average is GBX 65.63 and its 200-day moving average is GBX 62.80.

Evoke (LON:EVOK) last announced its quarterly earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share 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 fiscal year.

Insider Transactions at Evoke

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

Evoke Company Profile