Everplay Group (LON:EVPL) Trading 2.4% Higher – Time to Buy?

Everplay Group Plc (LON:EVPL) shares traded up 2.4% during mid-day trading on Friday . The stock traded as high as GBX 218 and last traded at GBX 217.50. Approximately 420,259 shares changed hands during trading, a decline of 36% from the average session volume of 661,564 shares. The stock had previously closed at GBX 212.50.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Shore Capital Group restated a “buy” rating and issued a GBX 430 price objective on shares of Everplay Group in a report on Wednesday, June 3rd. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 455 target price on shares of Everplay Group in a report on Monday, March 30th. Jefferies Financial Group decreased their price target on shares of 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 cut their price objective on Everplay Group from GBX 450 to GBX 370 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 430.83.

Everplay Group Stock Up 2.4%

The business has a 50-day simple moving average of GBX 244.76 and a 200-day simple moving average of GBX 270.23. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80. The company has a market cap of £313.41 million, a price-to-earnings ratio of 11.57, a price-to-earnings-growth 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.