Evoke (LON:EVOK) Trading Down 9.6% – Here’s What Happened

Evoke plc (LON:EVOKGet Free Report) shares traded down 9.6% on Saturday . The stock traded as low as GBX 26.10 and last traded at GBX 26.50. 8,449,295 shares changed hands during mid-day trading, an increase of 230% from the average session volume of 2,564,155 shares. The stock had previously closed at GBX 29.30.

Wall Street Analysts Forecast Growth

EVOK has been the topic of a number of recent analyst reports. Berenberg Bank lowered Evoke to a “hold” rating and reduced their price target for the stock from GBX 95 to GBX 35 in a research note on Thursday. Deutsche Bank Aktiengesellschaft upped their target price on Evoke from GBX 88 to GBX 108 and gave the company a “buy” rating in a research note on Wednesday, August 13th. Finally, JPMorgan Chase & Co. decreased their price target on Evoke from GBX 82 to GBX 66 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Evoke presently has an average rating of “Moderate Buy” and a consensus target price of GBX 87.25.

Read Our Latest Stock Report on EVOK

Evoke Trading Down 9.6%

The company’s 50 day moving average price is GBX 42.33 and its 200-day moving average price is GBX 53.94. The company has a market capitalization of £119.17 million, a PE ratio of -1.06 and a beta of 0.84.

Evoke Company Profile

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