Evoke (LON:EVOK) Stock Price Down 14.8% – What’s Next?

Evoke plc (LON:EVOKGet Free Report)’s share price was down 14.8% during trading on Wednesday . The company traded as low as GBX 59 ($0.76) and last traded at GBX 60.85 ($0.79). Approximately 2,599,548 shares traded hands during mid-day trading, an increase of 33% from the average daily volume of 1,954,943 shares. The stock had previously closed at GBX 71.40 ($0.92).

Analyst Ratings Changes

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

View Our Latest Stock Report on EVOK

Evoke Price Performance

The stock’s 50-day moving average price is GBX 69.57 and its 200-day moving average price is GBX 63.63. The company has a market cap of £267.93 million, a P/E ratio of -1.50 and a beta of 0.84.

Insider Activity

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

Evoke Company Profile

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