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

Posted by Paula Ricardo on Mar 28th, 2025

Evoke plc (LON:EVOK – Get Free Report) fell 10% during trading on Thursday . The stock traded as low as GBX 50.20 ($0.65) and last traded at GBX 51.73 ($0.67). 65,066,164 shares were traded during mid-day trading, an increase of 1,994% from the average session volume of 3,107,171 shares. The stock had previously closed at GBX 57.45 ($0.74).

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EVOK. Berenberg Bank decreased their target price 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 restated a “buy” rating and set a GBX 140 ($1.81) price objective on shares of Evoke in a research report on Monday, December 16th.

Read Our Latest Stock Analysis on Evoke

Evoke Price Performance

The business has a 50-day moving average of GBX 69.32 and a 200 day moving average of GBX 63.58. The company has a market cap of £230.70 million, a PE ratio of -1.29 and a beta of 0.84.

Evoke (LON:EVOK – Get 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 net margin of 8.50% and a negative return on equity of 517.98%. On average, equities analysts predict that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insiders Place Their Bets

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