Everplay Group (LON:EVPL) Shares Down 6.6% – What’s Next?

Shares of Everplay Group Plc (LON:EVPL) dropped 6.6% during mid-day trading on Friday . The stock traded as low as GBX 381.73 ($5.16) and last traded at GBX 385 ($5.20). Approximately 1,214,757 shares changed hands during mid-day trading, an increase of 111% from the average daily volume of 576,837 shares. The stock had previously closed at GBX 412 ($5.56).

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada lifted their price objective on Everplay Group from GBX 405 to GBX 455 and gave the company an “outperform” rating in a report on Wednesday. Shore Capital reaffirmed a “buy” rating on shares of Everplay Group in a report on Tuesday, September 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on Everplay Group from GBX 425 to GBX 470 and gave the company a “buy” rating in a report on Tuesday, September 2nd. Finally, Berenberg Bank lifted their price objective on Everplay Group from GBX 380 to GBX 400 and gave the company a “buy” rating in a report on Wednesday, July 9th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 431.25.

Everplay Group Stock Performance

The firm has a fifty day moving average of GBX 370.57 and a 200-day moving average of GBX 299.55. The stock has a market capitalization of £554.72 million, a price-to-earnings ratio of 2,549.67, a PEG ratio of 3.16 and a beta of 0.31. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27.

Everplay Group (LON:EVPL) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported GBX 10.50 earnings per share (EPS) for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. As a group, sell-side analysts anticipate that Everplay Group Plc will post 24.1106719 EPS for the current year.

About Everplay Group

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile.

The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018.