Evoke (LON:EVOK) Trading Up 9.6% – Here’s What Happened

Evoke plc (LON:EVOK) shares were up 9.6% during trading on Friday . The company traded as high as GBX 30.45 and last traded at GBX 29.75. Approximately 560,073 shares traded hands during trading, a decline of 73% from the average daily volume of 2,091,164 shares. The stock had previously closed at GBX 27.15.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on EVOK shares. Berenberg Bank reissued a “hold” rating and set a GBX 33 target price on shares of Evoke in a research report on Tuesday, January 20th. JPMorgan Chase & Co. cut their price target on Evoke from GBX 66 to GBX 34 and set a “neutral” rating for the company in a report on Tuesday, December 2nd. Finally, Deutsche Bank Aktiengesellschaft downgraded Evoke to a “hold” rating and reduced their price objective for the stock from GBX 108 to GBX 35 in a research report on Friday, January 23rd. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Evoke currently has a consensus rating of “Hold” and an average target price of GBX 34.

Evoke Trading Up 12.3%

The stock has a market cap of £137.21 million, a P/E ratio of -1.22 and a beta of 1.28. The company’s fifty day simple moving average is GBX 27.11 and its 200-day simple moving average is GBX 34.55.

About Evoke