Evoke (LON:EVOK) Stock Price Down 20.9% – Should You Sell?

Posted by Tristan Rich on Mar 28th, 2025

Shares of Evoke plc (LON:EVOK – Get Free Report) dropped 20.9% during trading on Wednesday . The company traded as low as GBX 56 ($0.73) and last traded at GBX 56.50 ($0.73). Approximately 8,039,770 shares changed hands during mid-day trading, an increase of 291% from the average daily volume of 2,054,730 shares. The stock had previously closed at GBX 71.40 ($0.92).

Wall Street Analyst Weigh In

EVOK has been the topic of a number of recent analyst reports. Berenberg Bank cut their price target on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating on the stock in a research note on Wednesday, December 4th. Jefferies Financial Group reissued a “buy” rating and set a GBX 140 ($1.81) price objective on shares of Evoke in a report on Monday, December 16th.

View Our Latest Analysis on Evoke

Evoke Stock Down 1.8 %

The stock has a 50-day moving average of GBX 69.32 and a 200 day moving average of GBX 63.58. The stock has a market cap of £223.22 million, a PE ratio of -1.25 and a beta of 0.84.

Evoke (LON:EVOK – Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) EPS for the quarter. Evoke had a negative net margin of 8.50% and a negative return on equity of 517.98%. On average, equities analysts anticipate that Evoke plc will post 12.7648305 EPS for the current year.

Insiders Place Their Bets

In related news, insider Andrea Gisle Joosen acquired 14,572 shares of the stock in a transaction on Tuesday, January 28th. The shares were acquired at an average price of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,206.11). 27.00% of the stock is owned by insiders.