Evoke (LON:EVOK) Stock Price Up 14.5% – What’s Next?

Evoke plc (LON:EVOK)’s share price shot up 14.5% during mid-day trading on Thursday . The company traded as high as GBX 48.90 ($0.63) and last traded at GBX 48.90 ($0.63). 42,064,105 shares changed hands during mid-day trading, an increase of 1,236% from the average session volume of 3,148,381 shares. The stock had previously closed at GBX 42.70 ($0.55).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 140 ($1.82) price target on shares of Evoke in a research note on Monday, December 16th.

Evoke Trading Up 14.5 %

The company’s 50 day moving average is GBX 63.08 and its 200-day moving average is GBX 62.19. The firm has a market capitalization of £218.09 million, a price-to-earnings ratio of -1.22 and a beta of 0.84.

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

Insider Buying and Selling at Evoke

In related news, insider Andrea Gisle Joosen bought 14,572 shares of the business’s stock in a transaction on Tuesday, January 28th. The shares were purchased at an average price of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,240.39). Also, insider Jonathan (Jon) Mendelsohn purchased 200,000 shares of the company’s stock in a transaction dated Monday, March 31st. The stock was purchased at an average price of GBX 48 ($0.62) per share, with a total value of £96,000 ($124,610.59). Insiders own 27.00% of the company’s stock.

Evoke Company Profile