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

Posted by Jay Halladay on Mar 27th, 2025

Evoke plc (LON:EVOK – Get Free Report) dropped 10% during trading on Thursday . The company traded as low as GBX 50.20 ($0.65) and last traded at GBX 51.73 ($0.67). 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).

Analysts Set New Price Targets

Several analysts have issued reports on EVOK shares. Berenberg Bank cut their price objective on Evoke from GBX 130 ($1.67) to GBX 90 ($1.16) and set a “buy” rating on the stock in a research note on Wednesday, December 4th. Jefferies Financial Group restated a “buy” rating and set a GBX 140 ($1.80) price objective on shares of Evoke in a research note on Monday, December 16th.

Get Our Latest Research Report on EVOK

Evoke Trading Down 10.0 %

The firm has a market cap of £230.70 million, a P/E ratio of -1.29 and a beta of 0.84. The business’s 50-day moving average is GBX 69.75 and its two-hundred day moving average is GBX 63.69.

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

Insiders Place Their Bets

In other Evoke news, insider Andrea Gisle Joosen acquired 14,572 shares of Evoke stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average cost of GBX 70 ($0.90) per share, for a total transaction of £10,200.40 ($13,133.00). 27.00% of the stock is owned by corporate insiders.