Evoke (LON:EVOK) Shares Down 9.6% – What’s Next?

Evoke plc (LON:EVOKGet Free Report)’s share price fell 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 trading, an increase of 230% from the average session volume of 2,564,155 shares. The stock had previously closed at GBX 29.30.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Evoke from GBX 88 to GBX 108 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. JPMorgan Chase & Co. reduced their price target on shares of Evoke from GBX 82 to GBX 66 and set a “neutral” rating for the company in a research report on Wednesday, October 29th. Finally, Berenberg Bank cut shares of Evoke to a “hold” rating and decreased their price objective for the company from GBX 95 to GBX 35 in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 87.25.

Read Our Latest Stock Analysis on Evoke

Evoke Price Performance

The stock has a market capitalization of £119.17 million, a PE ratio of -1.06 and a beta of 0.84. The stock’s fifty day moving average is GBX 42.33 and its 200-day moving average is GBX 53.93.

Evoke Company Profile

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