Everplay Group (LON:EVPL) Sets New 52-Week High – Time to Buy?

Everplay Group Plc (LON:EVPL) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 408 ($5.51) and last traded at GBX 406 ($5.48), with a volume of 478067 shares. The stock had previously closed at GBX 395 ($5.33).

Analyst Ratings Changes

A number of brokerages recently issued reports on EVPL. Shore Capital reissued a “buy” rating and set a GBX 400 price objective on shares of Everplay Group in a report on Thursday, July 17th. Royal Bank Of Canada increased their price objective on Everplay Group from GBX 365 to GBX 405 and gave the stock an “outperform” rating in a report on Wednesday, July 16th. Berenberg Bank increased their price objective on Everplay Group from GBX 380 to GBX 400 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Everplay Group from GBX 330 to GBX 425 and gave the stock a “buy” rating in a report on Friday, August 1st. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Everplay Group presently has a consensus rating of “Buy” and a consensus target price of GBX 407.50.

Everplay Group Trading Up 2.7%

The firm has a fifty day simple moving average of GBX 362.69 and a two-hundred day simple moving average of GBX 294.79. The stock has a market cap of £584.40 million, a PE ratio of 2,897.14, a PEG ratio of 3.16 and a beta of 0.31. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27.

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.