Evolution AB (publ) (OTCMKTS:EVGGF) Receives Average Recommendation of “Hold” from Analysts

Evolution AB (publ) (OTCMKTS:EVGGF) has been assigned an average recommendation of “Hold” from the six analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company.

A number of brokerages recently issued reports on EVGGF. BNP Paribas Exane assumed coverage on shares of Evolution AB (publ) in a research report on Thursday, May 14th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Evolution AB (publ) in a report on Wednesday, May 20th.

Evolution AB (publ) Stock Performance

Evolution AB (publ) stock opened at $69.41 on Thursday. The stock has a fifty day moving average price of $72.03 and a two-hundred day moving average price of $67.14. Evolution AB has a 52-week low of $56.15 and a 52-week high of $92.90.

Evolution AB (publ) Company Profile

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.