Evoke (LON:EVOK) Stock Price Up 14.5% – Still a Buy?

Evoke plc (LON:EVOKGet Free Report)’s stock price shot up 14.5% during trading on Thursday . The company traded as high as GBX 48.90 ($0.64) and last traded at GBX 48.90 ($0.64). 42,064,105 shares traded 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 ($0.56).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 140 ($1.83) price target on shares of Evoke in a report on Monday, December 16th.

Check Out Our Latest Analysis on EVOK

Evoke Trading Down 4.9 %

The stock has a market capitalization of £207.38 million, a price-to-earnings ratio of -1.16 and a beta of 0.84. The firm’s fifty day moving average price is GBX 63.08 and its 200 day moving average price is GBX 62.19.

Evoke (LON:EVOKGet Free Report) last released 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%. On average, analysts forecast that Evoke plc will post 12.7648305 earnings per share for the current fiscal year.

Insider Buying and Selling at Evoke

In related news, insider Andrea Gisle Joosen purchased 14,572 shares of the business’s stock in a transaction on Tuesday, January 28th. The shares were bought at an average price of GBX 70 ($0.92) per share, for a total transaction of £10,200.40 ($13,351.31). Also, insider Jonathan (Jon) Mendelsohn acquired 200,000 shares of the firm’s stock in a transaction dated Monday, March 31st. The stock was bought at an average price of GBX 48 ($0.63) per share, with a total value of £96,000 ($125,654.45). 27.00% of the stock is currently owned by corporate insiders.

Evoke Company Profile

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