Evoke (LON:EVOK) Shares Down 1.6% – What’s Next?

Evoke plc (LON:EVOK) shares were down 1.6% during trading on Thursday. The stock traded as low as GBX 42 and last traded at GBX 42. 344,101 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 3,556,415 shares. The stock had previously closed at GBX 42.70.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on EVOK shares. JPMorgan Chase & Co. upped their price objective on Evoke from GBX 34 to GBX 52 and gave the stock a “neutral” rating in a research note on Tuesday, June 16th. Berenberg Bank reiterated a “hold” rating and issued a GBX 52 target price on shares of Evoke in a research note on Wednesday, August 26th. Three analysts have rated the stock with a Hold rating. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 46.33.

Evoke Price Performance

The stock has a market capitalization of £190.18 million, a PE ratio of -0.35 and a beta of 0.99. The business’s fifty day moving average price is GBX 43.94 and its two-hundred day moving average price is GBX 41.42.

Evoke (LON:EVOK) last issued its earnings results on Wednesday, August 12th. The company reported GBX (0.40) earnings per share (EPS) for the quarter. Evoke had a positive return on equity of 76.91% and a negative net margin of 31.05%. As a group, equities research analysts anticipate that Evoke plc will post 12.76 earnings per share for the current fiscal year.

Evoke Company Profile