Evoke (LON:EVOK) Announces Quarterly Earnings Results

Evoke (LON:EVOK) posted its quarterly earnings data on Wednesday. The company reported GBX (6.40) (($0.08)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Evoke had a negative net margin of 8.50% and a negative return on equity of 517.98%.

Evoke Stock Down 18.7 %

Shares of EVOK opened at GBX 58.05 ($0.75) on Wednesday. Evoke has a 52-week low of GBX 49.18 ($0.64) and a 52-week high of GBX 8,640 ($111.86). The firm has a market cap of £258.90 million, a price-to-earnings ratio of -1.45 and a beta of 0.84. The business’s 50 day moving average is GBX 69.57 and its two-hundred day moving average is GBX 63.63.

Insider Transactions at Evoke

In related news, insider Andrea Gisle Joosen bought 14,572 shares of the business’s stock in a transaction dated Tuesday, January 28th. The shares were acquired at an average price 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.

Wall Street Analyst Weigh In

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

About Evoke