Everplay Group (LON:EVPL) Sets New 52-Week Low Following Analyst Downgrade

Everplay Group Plc (LON:EVPL)’s share price reached a new 52-week low during trading on Thursday after Berenberg Bank lowered their price target on the stock from GBX 450 to GBX 370. Berenberg Bank currently has a buy rating on the stock. Everplay Group traded as low as GBX 212 and last traded at GBX 216, with a volume of 367825 shares. The stock had previously closed at GBX 233.

Several other equities research analysts have also recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating and issued a GBX 440 price objective on shares of Everplay Group in a research report on Monday, February 2nd. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 455 price target on shares of Everplay Group in a research note on Friday, January 23rd. Finally, Shore Capital Group reissued a “buy” rating on shares of Everplay Group in a report on Tuesday. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 445.83.

Insider Activity at Everplay Group

In other Everplay Group news, insider Frank Theodore Sagnier bought 33,200 shares of the company’s stock in a transaction on Monday, February 9th. The stock was bought at an average price of GBX 301 per share, for a total transaction of £99,932. Also, insider Mikkel Weider purchased 21,526 shares of Everplay Group stock in a transaction dated Wednesday, March 25th. The stock was bought at an average price of GBX 234 per share, for a total transaction of £50,370.84. Corporate insiders own 21.66% of the company’s stock.

Everplay Group Stock Down 7.3%

The company has a market cap of £311.22 million, a price-to-earnings ratio of 14.30, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The firm’s fifty day moving average price is GBX 296.68 and its 200-day moving average price is GBX 337.94.

Everplay Group (LON:EVPL) last issued its quarterly earnings data on Tuesday, March 24th. The company reported GBX 25.70 earnings per share (EPS) for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. Sell-side analysts predict that Everplay Group Plc will post 24.1106719 earnings per share for the current year.

Everplay Group Company Profile

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile.

The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.