Evoke (LON:EVOK) Shares Down 10% – What’s Next?

Posted by Lorenzo Tanos on Mar 29th, 2025

Evoke plc (LON:EVOK – Get Free Report) shares fell 10% 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 traded hands during 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).

Analysts Set New Price Targets

Several equities research analysts have commented on EVOK shares. Berenberg Bank lowered their price objective on Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a “buy” rating on the stock in a research report on Wednesday, December 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 140 ($1.81) price target on shares of Evoke in a report on Monday, December 16th.

Read Our Latest Stock Analysis on Evoke

Evoke Trading Down 1.1 %

The company has a market cap of £224.78 million, a price-to-earnings ratio of -1.26 and a beta of 0.84. The stock’s fifty day simple moving average is GBX 68.88 and its 200 day simple moving average is GBX 63.49.

Evoke (LON:EVOK – Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. On average, analysts predict that Evoke plc will post 12.7648305 EPS for the current year.

Insider Activity

In related news, insider Andrea Gisle Joosen bought 14,572 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The shares were purchased at an average cost of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,202.69). Insiders own 27.00% of the company’s stock.