Evoke (LON:EVOK) Trading 14.6% Higher – Should You Buy?

Evoke plc (LON:EVOKGet Free Report)’s share price rose 14.6% on Friday . The company traded as high as GBX 31.45 and last traded at GBX 30.20. Approximately 17,626,426 shares were traded during trading, an increase of 568% from the average daily volume of 2,637,709 shares. The stock had previously closed at GBX 26.35.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EVOK shares. JPMorgan Chase & Co. decreased their price objective on shares of Evoke from GBX 66 to GBX 34 and set a “neutral” rating for the company in a report on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft downgraded Evoke to a “hold” rating and decreased their price target for the stock from GBX 108 to GBX 35 in a research note on Friday. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 33 price objective on shares of Evoke in a report on Tuesday, January 20th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, Evoke presently has an average rating of “Hold” and a consensus price target of GBX 34.

Get Our Latest Report on Evoke

Evoke Stock Performance

The stock’s 50-day simple moving average is GBX 25.24 and its two-hundred day simple moving average is GBX 44.36. The stock has a market cap of £132.49 million, a price-to-earnings ratio of -1.17 and a beta of 0.84.

About Evoke

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