Evoke (LON:EVOK) Trading 15.6% Higher – What’s Next?

Evoke plc (LON:EVOK) shares rose 15.6% during trading on Thursday . The stock traded as high as GBX 30.80 and last traded at GBX 30.45. Approximately 5,938,025 shares changed hands during trading, an increase of 220% from the average daily volume of 1,858,482 shares. The stock had previously closed at GBX 26.35.

Wall Street Analyst Weigh In

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

Evoke Price Performance

The business’s fifty day moving average price is GBX 25.24 and its 200 day moving average price is GBX 44.51. The stock has a market cap of £132.49 million, a P/E ratio of -1.17 and a beta of 0.84.

Evoke Company Profile