Everplay Group (LON:EVPL) Sets New 12-Month Low After Analyst Downgrade

Everplay Group Plc (LON:EVPL) shares reached a new 52-week low during trading on Thursday after Berenberg Bank lowered their price target on the stock from GBX 450 to GBX 370. Berenberg Bank currently has a buy rating on the stock. Everplay Group traded as low as GBX 212 and last traded at GBX 216, with a volume of 367825 shares changing hands. The stock had previously closed at GBX 233.

Several other research firms have also recently issued reports on EVPL. Shore Capital Group reissued a “buy” rating on shares of Everplay Group in a research note on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 440 price objective on shares of Everplay Group in a report on Monday, February 2nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 455 target price on shares of Everplay Group in a research note on Friday, January 23rd. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 445.83.

Insider Transactions at Everplay Group

In other news, insider Frank Theodore Sagnier bought 33,200 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were purchased at an average cost of GBX 301 per share, with a total value of £99,932. Also, insider Mikkel Weider purchased 21,526 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was acquired at an average cost of GBX 234 per share, with a total value of £50,370.84. 21.66% of the stock is owned by insiders.

Everplay Group Stock Performance

The stock has a market cap of £311.22 million, a price-to-earnings ratio of 14.30, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The company’s 50-day simple moving average is GBX 299.20 and its 200-day simple moving average is GBX 338.79. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27.

Everplay Group (LON:EVPL) last announced its quarterly earnings data on Tuesday, March 24th. The company reported GBX 25.70 EPS for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. Analysts predict that Everplay Group Plc will post 24.1106719 EPS for the current fiscal year.

Everplay Group Company Profile

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile.

The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.