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

Evoke plc (LON:EVOK) shares traded up 17.2% on Tuesday . The stock traded as high as GBX 45.90 ($0.59) and last traded at GBX 44.30 ($0.57). 3,500,189 shares traded hands during mid-day 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 Ratings Changes

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 140 ($1.79) price objective on shares of Evoke in a report on Monday, December 16th.

Evoke Stock Up 17.2 %

The stock’s fifty day moving average is GBX 64.60 and its two-hundred day moving average is GBX 62.55. The firm has a market capitalization of £197.57 million, a price-to-earnings ratio of -1.11 and a beta of 0.84.

Evoke (LON:EVOK) last released 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 return on equity of 517.98% and a negative net margin of 8.50%. As a group, analysts anticipate that Evoke plc will post 12.7648305 EPS for the current year.

Insider Transactions at Evoke

In other news, insider Jonathan (Jon) Mendelsohn acquired 200,000 shares of Evoke stock in a transaction on Monday, March 31st. The stock was acquired at an average cost of GBX 48 ($0.61) per share, with a total value of £96,000 ($122,668.03). Also, insider Andrea Gisle Joosen bought 14,572 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were acquired at an average cost of GBX 70 ($0.89) per share, with a total value of £10,200.40 ($13,033.99). 27.00% of the stock is currently owned by corporate insiders.

Evoke Company Profile