Everplay Group (LON:EVPL) Trading Down 1.5% – Here’s What Happened

Everplay Group Plc (LON:EVPL) shares were down 1.5% during trading on Monday . The stock traded as low as GBX 255 and last traded at GBX 259. Approximately 200,054 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 506,648 shares. The stock had previously closed at GBX 262.94.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EVPL shares. Shore Capital Group restated a “buy” rating and issued a GBX 460 target price on shares of Everplay Group in a report on Wednesday, January 21st. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 455 price objective on shares of Everplay Group in a research note on Friday, January 23rd. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 440 target price on shares of Everplay Group in a research report on Monday, February 2nd. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Everplay Group presently has a consensus rating of “Buy” and an average target price of GBX 459.17.

Everplay Group Stock Down 1.5%

The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. The stock has a market cap of £373.17 million, a P/E ratio of 17.15, a P/E/G ratio of 3.16 and a beta of 0.31. The company’s 50 day moving average price is GBX 303.16 and its two-hundred day moving average price is GBX 340.62.

Insiders Place Their Bets

In other Everplay Group news, insider Frank Theodore Sagnier bought 33,200 shares of the business’s stock in a transaction on Monday, February 9th. The shares were acquired at an average price of GBX 301 per share, with a total value of £99,932. 21.66% of the stock is currently owned by company insiders.

About Everplay Group

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.