Evoke (LON:EVOK) Shares Up 14.5% – What’s Next?

Evoke plc (LON:EVOK) traded up 14.5% during trading on Friday . The stock traded as high as GBX 48.90 ($0.64) and last traded at GBX 48.90 ($0.64). 42,064,105 shares were traded during mid-day trading, an increase of 1,236% from the average session volume of 3,148,381 shares. The stock had previously closed at GBX 42.70 ($0.56).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 140 ($1.83) target price on shares of Evoke in a report on Monday, December 16th.

Evoke Trading Down 4.9 %

The company has a market capitalization of £207.38 million, a PE ratio of -1.16 and a beta of 0.84. The business’s 50-day simple moving average is GBX 62.59 and its two-hundred day simple moving average is GBX 62.10.

Evoke (LON:EVOK) last released its earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. On average, analysts forecast that Evoke plc will post 12.7648305 EPS for the current year.

Insider Transactions at Evoke

In other Evoke news, insider Andrea Gisle Joosen bought 14,572 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were purchased at an average cost of GBX 70 ($0.92) per share, for a total transaction of £10,200.40 ($13,351.31). Also, insider Jonathan (Jon) Mendelsohn purchased 200,000 shares of the firm’s stock in a transaction dated Monday, March 31st. The stock was acquired at an average cost of GBX 48 ($0.63) per share, with a total value of £96,000 ($125,654.45). Insiders own 27.00% of the company’s stock.

About Evoke