Evoke (LON:EVOK) Trading Down 14.8% – Time to Sell?

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

Analyst Upgrades and Downgrades

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

Evoke Trading Down 0.2 %

The firm has a market cap of £226.79 million, a P/E ratio of -1.27 and a beta of 0.84. The stock has a 50 day simple moving average of GBX 69.32 and a 200-day simple moving average of GBX 63.58.

Evoke (LON:EVOK) last issued its quarterly earnings data 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%. As a group, equities analysts forecast that Evoke plc will post 12.7648305 earnings per share for the current fiscal year.

Insider Buying and Selling at Evoke

In other news, insider Andrea Gisle Joosen acquired 14,572 shares of the business’s stock in a transaction on 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). Company insiders own 27.00% of the company’s stock.

About Evoke