Evolution AB (publ) (OTCMKTS:EVGGF) Given Consensus Recommendation of “Hold” by Brokerages

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

EVGGF has been the topic of several research analyst reports. BNP Paribas Exane started coverage on shares of Evolution AB (publ) in a report on Thursday, May 14th. They issued an “outperform” rating on the stock. Citigroup reiterated a “neutral” rating on shares of Evolution AB (publ) in a report on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Evolution AB (publ) in a research note on Monday, July 20th.

Evolution AB (publ) Stock Performance

EVGGF stock opened at $78.48 on Monday. Evolution AB has a 1-year low of $56.15 and a 1-year high of $92.90. The business has a 50 day simple moving average of $73.05 and a two-hundred day simple moving average of $67.77.

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.