Evoke (LON:EVOK) Trading 14.6% Higher – Should You Buy?

Evoke plc (LON:EVOKGet Free Report)’s stock price shot up 14.6% during trading on Friday . The stock traded as high as GBX 31.45 and last traded at GBX 30.20. 17,626,426 shares changed hands during trading, an increase of 568% from the average session volume of 2,637,709 shares. The stock had previously closed at GBX 26.35.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. decreased their price objective on Evoke from GBX 66 to GBX 34 and set a “neutral” rating for the company in a report on Tuesday, December 2nd. Berenberg Bank reissued a “hold” rating and set a GBX 33 price target on shares of Evoke in a research report on Tuesday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 58.33.

Get Our Latest Stock Report on EVOK

Evoke Trading Down 4.5%

The firm’s 50 day moving average price is GBX 25.36 and its two-hundred day moving average price is GBX 44.77. The company has a market capitalization of £129.74 million, a price-to-earnings ratio of -1.15 and a beta of 0.84.

Evoke Company Profile

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