Evoke (LON:EVOK) Trading Down 14.8% – Time to Sell?

Posted by Don Miller on Mar 26th, 2025

Shares of Evoke plc (LON:EVOK – Get Free Report) were down 14.8% on Wednesday . The stock traded as low as GBX 59 ($0.76) and last traded at GBX 60.85 ($0.79). Approximately 2,599,548 shares changed hands during trading, an increase of 33% from the average daily volume of 1,954,943 shares. The stock had previously closed at GBX 71.40 ($0.92).

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on EVOK. Jefferies Financial Group restated a “buy” rating and set a GBX 140 ($1.81) price objective on shares of Evoke in a research report on Monday, December 16th. Berenberg Bank cut their price target on Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating for the company in a report on Wednesday, December 4th.

View Our Latest Research Report on Evoke

Evoke Price Performance

The firm has a 50 day simple moving average of GBX 69.57 and a 200-day simple moving average of GBX 63.63. The company has a market cap of £267.93 million, a price-to-earnings ratio of -1.50 and a beta of 0.84.

Insider Buying and Selling

In other news, insider Andrea Gisle Joosen purchased 14,572 shares of the firm’s stock in a transaction on Tuesday, January 28th. The shares were bought at an average cost of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,206.11). Corporate insiders own 27.00% of the company’s stock.