Evoke (LON:EVOK) Trading 3% Higher – Time to Buy?

Evoke plc (LON:EVOK)’s share 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 changed hands during mid-day 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).

Analysts Set New Price Targets

Several research analysts recently commented on EVOK shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 140 ($1.72) target price on shares of Evoke in a research report on Monday, December 16th. Berenberg Bank dropped their price objective on shares of Evoke from GBX 130 ($1.60) to GBX 90 ($1.11) and set a “buy” rating for the company in a research report on Wednesday, December 4th.

Evoke Trading Down 2.1 %

The stock has a market cap of £269.92 million, a P/E ratio of -162.43 and a beta of 0.84. The company has a 50 day moving average of GBX 60.28.

About Evoke