Everplay Group (LON:EVPL) Trading 2.3% Higher – What’s Next?

Everplay Group Plc (LON:EVPL)’s stock price rose 2.3% during mid-day trading on Monday . The stock traded as high as GBX 238 and last traded at GBX 232.34. Approximately 269,727 shares were traded during mid-day trading, a decline of 62% from the average session volume of 709,125 shares. The stock had previously closed at GBX 227.13.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Berenberg Bank reduced their target price on shares of Everplay Group from GBX 450 to GBX 370 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 455 price target on shares of Everplay Group in a research note on Monday, March 30th. Shore Capital Group reissued a “buy” rating and issued a GBX 430 price objective on shares of Everplay Group in a research report on Wednesday, June 3rd. Finally, Jefferies Financial Group lowered their target price on Everplay Group from GBX 440 to GBX 380 and set a “buy” rating for the company in a research note on Tuesday, March 31st. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Everplay Group presently has a consensus rating of “Buy” and an average target price of GBX 430.83.

Everplay Group Stock Performance

The company has a market capitalization of £334.79 million, a price-to-earnings ratio of 12.36, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The stock has a 50-day simple moving average of GBX 259.15 and a 200-day simple moving average of GBX 283.

About Everplay Group

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.