Evoke (LON:EVOK) Shares Down 10% – Here’s Why

Posted by Joe Tyrrell on Mar 29th, 2025

Evoke plc (LON:EVOK – Get Free Report) shares dropped 10% on Thursday . The company 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 mid-day 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 equities research analysts have recently issued reports on the stock. Berenberg Bank decreased their price target on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a “buy” rating for the company in a research note on Wednesday, December 4th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 140 ($1.81) target price on shares of Evoke in a research report on Monday, December 16th.

Get Our Latest Report on Evoke

Evoke Trading Down 1.1 %

The company has a market capitalization of £224.78 million, a P/E ratio of -1.26 and a beta of 0.84. The company’s fifty day moving average is GBX 68.88 and its 200 day moving average is GBX 63.49.

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

Insider Buying and Selling

In other news, insider Andrea Gisle Joosen acquired 14,572 shares of the business’s stock in a transaction dated Tuesday, January 28th. The stock was purchased at an average cost of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,202.69). 27.00% of the stock is owned by company insiders.