Evoke (LON:EVOK) Trading 14.6% Higher – Should You Buy?

Evoke plc (LON:EVOKGet Free Report)’s stock price was up 14.6% on Friday . The stock traded as high as GBX 31.45 and last traded at GBX 30.20. Approximately 17,626,426 shares traded hands during trading, an increase of 568% from the average daily volume of 2,637,709 shares. The stock had previously closed at GBX 26.35.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on EVOK shares. Berenberg Bank reissued a “hold” rating and set a GBX 33 target price on shares of Evoke in a research note on Tuesday. JPMorgan Chase & Co. lowered their price objective on shares of Evoke from GBX 66 to GBX 34 and set a “neutral” rating for the company in a research report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of GBX 58.33.

View Our Latest Stock Report on Evoke

Evoke Trading Down 4.5%

The stock has a market cap of £129.74 million, a P/E ratio of -1.15 and a beta of 0.84. The company has a 50 day simple moving average of GBX 25.36 and a 200 day simple moving average of GBX 44.77.

About Evoke

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