Everplay Group (LON:EVPL) Shares Up 2.3% – Time to Buy?

Everplay Group Plc (LON:EVPL) shares were up 2.3% on Monday . The stock traded as high as GBX 238 and last traded at GBX 232.34. Approximately 269,727 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 709,125 shares. The stock had previously closed at GBX 227.13.

Analysts Set New Price Targets

EVPL has been the topic of several research analyst reports. Shore Capital Group reaffirmed a “buy” rating and set a GBX 430 price target on shares of Everplay Group in a research report on Wednesday, June 3rd. Royal Bank Of Canada restated an “outperform” rating and set a GBX 455 price objective on shares of Everplay Group in a research note on Monday, March 30th. Jefferies Financial Group decreased their target price on Everplay Group from GBX 440 to GBX 380 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Finally, Berenberg Bank lowered their price target on Everplay Group from GBX 450 to GBX 370 and set a “buy” rating for the company in a report on Thursday, March 26th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 430.83.

Everplay Group Stock Performance

The stock’s 50-day moving average price is GBX 259.15 and its 200-day moving average price is GBX 283. The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The company has a market capitalization of £334.79 million, a P/E ratio of 12.36, a P/E/G ratio of 3.16 and a beta of 0.31.

About Everplay Group

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile.

The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.