Evoke (LON:EVOK) Stock Price Down 10% – Time to Sell?

Shares of Evoke plc (LON:EVOK) were down 10% on Friday . The stock traded as low as GBX 50.20 ($0.65) and last traded at GBX 51.73 ($0.67). Approximately 65,066,164 shares traded hands during trading, an increase of 1,994% from the average daily volume of 3,107,171 shares. The stock had previously closed at GBX 57.45 ($0.74).

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 140 ($1.81) price target on shares of Evoke in a research report on Monday, December 16th. Berenberg Bank dropped their target price on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating for the company in a report on Wednesday, December 4th.

Evoke Stock Performance

The stock has a market cap of £230.70 million, a price-to-earnings ratio of -1.29 and a beta of 0.84. The company has a 50 day moving average of GBX 69.32 and a 200-day moving average of GBX 63.58.

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

Insider Transactions at Evoke

In other news, insider Andrea Gisle Joosen bought 14,572 shares of Evoke stock in a transaction that occurred on Tuesday, January 28th. The shares were purchased at an average price of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,206.11). Corporate insiders own 27.00% of the company’s stock.

Evoke Company Profile