eve Sleep plc (LON:EVE) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 15 ($0.19) and last traded at GBX 16 ($0.21), with a volume of 161816 shares traded. The stock had previously closed at GBX 16 ($0.21).

Several brokerages recently commented on EVE. Peel Hunt reiterated a “buy” rating on shares of eve Sleep in a research note on Thursday, June 21st. Berenberg Bank lowered shares of eve Sleep to a “hold” rating and cut their price target for the stock from GBX 155 ($2.00) to GBX 30 ($0.39) in a research note on Thursday, July 5th.

In related news, insider Paul Pindar purchased 400,000 shares of the business’s stock in a transaction that occurred on Monday, July 2nd. The shares were purchased at an average cost of GBX 29 ($0.37) per share, for a total transaction of £116,000 ($149,638.80).

eve Sleep Company Profile (LON:EVE)

eve Sleep Plc operates as a direct to consumer e-commerce sleep brand worldwide. It designs, brands, markets, and sells mattresses, as well as other sleep products, including linen bedding products, bedspreads, throws, towels, pillows, sheets, duvets, protectors, and toppers. The company sells its products through offline and online retailers.

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