Evoke (LON:EVOK) Shares Up 3% – What’s Next?

Evoke plc (LON:EVOK)’s stock price shot up 3% during mid-day trading on Tuesday . The stock traded as high as GBX 66.37 ($0.82) and last traded at GBX 65.95 ($0.81). 1,090,618 shares were traded during trading, a decline of 80% from the average session volume of 5,535,562 shares. The stock had previously closed at GBX 64 ($0.79).

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 140 ($1.72) target price on shares of Evoke in a research note on Monday, December 16th. Berenberg Bank reduced their price target on Evoke from GBX 130 ($1.60) to GBX 90 ($1.11) and set a “buy” rating on the stock in a research report on Wednesday, December 4th.

Evoke Stock Performance

The firm’s 50 day moving average price is GBX 60.28. The company has a market capitalization of £269.92 million, a PE ratio of -162.43 and a beta of 0.84.

Evoke Company Profile