Evolution AB (publ) (OTCMKTS:EVGGF) Given Consensus Recommendation of “Hold” by Analysts

Shares of Evolution AB (publ) (OTCMKTS:EVGGF) have been given an average rating of “Hold” by the six analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company.

A number of equities analysts have weighed in on the stock. BNP Paribas Exane started coverage on Evolution AB (publ) in a research report on Thursday, May 14th. They issued an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Evolution AB (publ) in a report on Wednesday. Finally, Citigroup reissued a “neutral” rating on shares of Evolution AB (publ) in a report on Tuesday, February 10th.

Evolution AB (publ) Stock Up 4.9%

Shares of OTCMKTS:EVGGF traded up $3.70 during trading on Wednesday, hitting $78.50. The stock had a trading volume of 15 shares, compared to its average volume of 9,008. The firm’s fifty day moving average is $65.81 and its 200 day moving average is $65.66. Evolution AB has a 12 month low of $56.15 and a 12 month high of $92.90.

Evolution AB (publ) Company Profile

Evolution AB (publ) is a Sweden-based company that specializes in providing live casino solutions to the global online gaming industry. Since its founding in 2006 and subsequent listing on Nasdaq Stockholm in 2015, the company has focused on delivering real-time, interactive gaming experiences by streaming professional dealers from studio environments to operator platforms. Its offering includes classic table games such as roulette, blackjack and baccarat, as well as a growing portfolio of proprietary live game shows and RNG (random number generator) slot titles.

Evolution operates a network of purpose-built studios across Europe, North America and Latin America, serving licensed and regulated markets in more than 20 jurisdictions.