Evolution AB (publ) (OTCMKTS:EVGGF) Given Average Recommendation of “Hold” by Analysts

Evolution AB (publ) (OTCMKTS:EVGGF) has received a consensus rating of “Hold” from the six ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company.

EVGGF has been the topic of a number of analyst reports. BNP Paribas Exane initiated coverage on shares of Evolution AB (publ) in a research note on Thursday, May 14th. They set an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Evolution AB (publ) in a research note on Wednesday, May 20th. Finally, Citigroup restated a “neutral” rating on shares of Evolution AB (publ) in a research note on Tuesday, February 10th.

Evolution AB (publ) Stock Performance

EVGGF opened at $76.29 on Wednesday. Evolution AB has a fifty-two week low of $56.15 and a fifty-two week high of $92.90. The firm’s fifty day moving average is $67.13 and its 200 day moving average is $66.00.

About Evolution AB (publ)

Evolution AB (publ) is a Sweden-based company that specializes in providing live casino solutions to the global online gaming industry. Since its founding in 2006 and subsequent listing on Nasdaq Stockholm in 2015, the company has focused on delivering real-time, interactive gaming experiences by streaming professional dealers from studio environments to operator platforms. Its offering includes classic table games such as roulette, blackjack and baccarat, as well as a growing portfolio of proprietary live game shows and RNG (random number generator) slot titles.

Evolution operates a network of purpose-built studios across Europe, North America and Latin America, serving licensed and regulated markets in more than 20 jurisdictions.