Evoke (LON:EVOK) Trading 17.2% Higher – What’s Next?

Shares of Evoke plc (LON:EVOK) rose 17.2% during trading on Tuesday . The stock traded as high as GBX 45.90 ($0.59) and last traded at GBX 44.30 ($0.57). Approximately 3,500,189 shares changed hands during trading, an increase of 35% from the average daily volume of 2,588,063 shares. The stock had previously closed at GBX 37.80 ($0.48).

Analyst Upgrades and Downgrades

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

Evoke Stock Up 17.2 %

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

Evoke (LON:EVOK) last posted its earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share (EPS) for the quarter. Evoke had a negative net margin of 8.50% and a negative return on equity of 517.98%. On average, equities research analysts forecast that Evoke plc will post 12.7648305 EPS for the current year.

Insider Activity at Evoke

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

Evoke Company Profile