Evoke (LON:EVOK) Trading Down 8.8% – What’s Next?

Posted by Steven Smith on Mar 29th, 2025

Evoke plc (LON:EVOK – Get Free Report) fell 8.8% on Thursday . The company traded as low as GBX 51.90 ($0.67) and last traded at GBX 52.39 ($0.68). 3,351,066 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 2,095,448 shares. The stock had previously closed at GBX 57.45 ($0.74).

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on EVOK

Evoke Trading Down 1.1 %

The stock has a 50-day moving average of GBX 68.88 and a two-hundred day moving average of GBX 63.49. The firm has a market cap of £224.78 million, a price-to-earnings ratio of -1.26 and a beta of 0.84.

Evoke (LON:EVOK – Get Free Report) last announced its earnings results 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%. Sell-side analysts expect that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insiders Place Their Bets

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