Evoke (LON:EVOK) Shares Down 1.3% – Here’s What Happened

Evoke plc (LON:EVOKGet Free Report)’s share price was down 1.3% on Thursday . The stock traded as low as GBX 68.75 ($0.87) and last traded at GBX 69.95 ($0.89). Approximately 844,619 shares traded hands during trading, a decline of 61% from the average daily volume of 2,165,902 shares. The stock had previously closed at GBX 70.85 ($0.90).

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on EVOK shares. Berenberg Bank lowered their target price on shares of Evoke from GBX 130 ($1.65) to GBX 90 ($1.14) and set a “buy” rating on the stock in a research note on Wednesday, December 4th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 140 ($1.77) price objective on shares of Evoke in a research note on Monday, December 16th.

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Evoke Price Performance

The company’s fifty day simple moving average is GBX 66.64. The company has a market capitalization of £315.09 million, a P/E ratio of -1.76 and a beta of 0.84.

Insider Buying and Selling

In other Evoke news, insider Andrea Gisle Joosen acquired 14,572 shares of Evoke stock in a transaction on Tuesday, January 28th. The shares were bought at an average price of GBX 70 ($0.89) per share, with a total value of £10,200.40 ($12,924.99). 27.00% of the stock is currently owned by corporate insiders.

About Evoke

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