Everplay Group (LON:EVPL) Stock Price Up 18.8% – Time to Buy?

Everplay Group Plc (LON:EVPL)’s share price was up 18.8% during trading on Friday . The company traded as high as GBX 360.50 and last traded at GBX 347.96. Approximately 6,730,417 shares changed hands during mid-day trading, an increase of 856% from the average session volume of 703,865 shares. The stock had previously closed at GBX 293.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on EVPL. Shore Capital Group restated a “buy” rating and set a GBX 430 target price on shares of Everplay Group in a research note on Friday. Jefferies Financial Group reiterated a “buy” rating and set a GBX 380 price target on shares of Everplay Group in a report on Wednesday, July 29th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Everplay Group currently has an average rating of “Buy” and an average price target of GBX 423.

Everplay Group Trading Up 18.8%

The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The stock has a market capitalization of £501.39 million, a P/E ratio of 18.51, a P/E/G ratio of 3.16 and a beta of 0.31. The business’s fifty day simple moving average is GBX 242.54 and its two-hundred day simple moving average is GBX 254.39.

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. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.