Evoke (LON:EVOK) Stock Price Down 7.1% – Should You Sell?

Evoke plc (LON:EVOK) traded down 7.1% during trading on Thursday . The stock traded as low as GBX 28.05 and last traded at GBX 28.39. 13,083,267 shares traded hands during mid-day trading, an increase of 409% from the average session volume of 2,570,652 shares. The stock had previously closed at GBX 30.55.

Analyst Ratings Changes

EVOK has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their price target on shares of Evoke from GBX 82 to GBX 66 and set a “neutral” rating on the stock in a research report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Evoke from GBX 88 to GBX 108 and gave the company a “buy” rating in a research note on Wednesday, August 13th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 95 price target on shares of Evoke in a research report on Thursday, August 21st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 102.25.

Evoke Stock Performance

The firm has a market capitalization of £128.61 million, a price-to-earnings ratio of -1.14 and a beta of 0.84. The stock’s fifty day moving average is GBX 43.39 and its two-hundred day moving average is GBX 54.29.

Evoke Company Profile