Evolution AB (publ) (OTCMKTS:EVGGF) Receives Average Rating of “Hold” from Analysts

Shares of Evolution AB (publ) (OTCMKTS:EVGGF) have been assigned a consensus rating of “Hold” from the six research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company.

Several equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Evolution AB (publ) in a research note on Wednesday, May 20th. BNP Paribas Exane assumed coverage on Evolution AB (publ) in a research report on Thursday, May 14th. They issued an “outperform” rating for the company.

Evolution AB (publ) Price Performance

Shares of OTCMKTS:EVGGF opened at $69.41 on Thursday. Evolution AB has a 12 month low of $56.15 and a 12 month high of $92.90. The company’s 50-day moving average price is $72.03 and its two-hundred day moving average price is $67.14.

About Evolution AB (publ)

Evolution AB (publ) is a Sweden-based company that specializes in providing live casino solutions to the global online gaming industry. Since its founding in 2006 and subsequent listing on Nasdaq Stockholm in 2015, the company has focused on delivering real-time, interactive gaming experiences by streaming professional dealers from studio environments to operator platforms. Its offering includes classic table games such as roulette, blackjack and baccarat, as well as a growing portfolio of proprietary live game shows and RNG (random number generator) slot titles.

Evolution operates a network of purpose-built studios across Europe, North America and Latin America, serving licensed and regulated markets in more than 20 jurisdictions.