Evolution AB (publ) (OTCMKTS:EVGGF) Given Average Rating of “Hold” by Analysts

Shares of Evolution AB (publ) (OTCMKTS:EVGGF) have been assigned an average recommendation of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company.

Several brokerages recently commented on EVGGF. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Evolution AB (publ) in a report on Monday, July 20th. BNP Paribas Exane assumed coverage on shares of Evolution AB (publ) in a report on Thursday, May 14th. They set an “outperform” rating for the company. Citigroup restated a “neutral” rating on shares of Evolution AB (publ) in a research report on Monday, July 20th. Finally, UBS Group raised shares of Evolution AB (publ) to a “neutral” rating in a research note on Monday, August 3rd.

Evolution AB (publ) Price Performance

Shares of EVGGF stock opened at $86.36 on Friday. Evolution AB has a 1-year low of $56.15 and a 1-year high of $91.33. The stock has a 50-day moving average of $75.14 and a 200-day moving average of $69.88.

About Evolution AB (publ)

Evolution AB (publ) is a Sweden-based company that specializes in providing live casino solutions to the global online gaming industry. Since its founding in 2006 and subsequent listing on Nasdaq Stockholm in 2015, the company has focused on delivering real-time, interactive gaming experiences by streaming professional dealers from studio environments to operator platforms. Its offering includes classic table games such as roulette, blackjack and baccarat, as well as a growing portfolio of proprietary live game shows and RNG (random number generator) slot titles.

Evolution operates a network of purpose-built studios across Europe, North America and Latin America, serving licensed and regulated markets in more than 20 jurisdictions.