Everplay Group (LON:EVPL) Stock Falls 0.8% – Here’s What Happened

Everplay Group Plc (LON:EVPL)’s share price was down 0.8% on Tuesday. The company traded as low as GBX 411 and last traded at GBX 412. 4,904,981 shares were traded during mid-day trading, an increase of 515% from the average daily volume of 797,648 shares. The stock had previously closed at GBX 415.50.

Analyst Ratings Changes

Several research firms have recently issued reports on EVPL. Berenberg Bank upped their price objective on Everplay Group from GBX 495 to GBX 555 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Shore Capital Group reissued a “buy” rating and set a GBX 470 target price on shares of Everplay Group in a research report on Wednesday, September 30th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 455 target price on shares of Everplay Group in a research note on Tuesday, September 15th. Finally, Jefferies Financial Group upped their price target on Everplay Group from GBX 540 to GBX 580 and gave the company a “buy” rating in a report on Thursday, October 1st. Five analysts have rated the stock with a Buy rating. According to MarketBeat, Everplay Group presently has a consensus rating of “Buy” and an average price target of GBX 508.

Everplay Group Price Performance

The company’s 50 day moving average is GBX 369.12 and its 200 day moving average is GBX 291.12. 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 stock has a market capitalization of £591.51 million, a price-to-earnings ratio of 37.32, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL) last released its quarterly earnings data on Tuesday, September 15th. The company reported GBX 3.70 earnings per share (EPS) for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. Research analysts anticipate that Everplay Group Plc will post 24.11 EPS for the current fiscal year.

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.