Evoke (LON:EVOK) Trading Down 9.6% – Should You Sell?

Evoke plc (LON:EVOKGet Free Report) traded down 9.6% during mid-day trading on Saturday . The stock traded as low as GBX 26.10 and last traded at GBX 26.50. 8,449,295 shares changed hands during mid-day trading, an increase of 230% from the average session volume of 2,564,155 shares. The stock had previously closed at GBX 29.30.

Analyst Ratings Changes

Several research analysts have issued reports on EVOK shares. Deutsche Bank Aktiengesellschaft boosted their target price on Evoke from GBX 88 to GBX 108 and gave the company a “buy” rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. dropped their price objective on Evoke from GBX 82 to GBX 66 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Finally, Berenberg Bank lowered Evoke to a “hold” rating and reduced their target price for the stock from GBX 95 to GBX 35 in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Evoke has a consensus rating of “Moderate Buy” and a consensus price target of GBX 87.25.

Read Our Latest Analysis on EVOK

Evoke Price Performance

The stock has a market cap of £119.17 million, a PE ratio of -1.06 and a beta of 0.84. The business has a fifty day moving average of GBX 42.33 and a 200-day moving average of GBX 53.93.

About Evoke

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