Evoke (LON:EVOK) Trading Up 0.9% – Should You Buy?

Evoke plc (LON:EVOK)’s share price was up 0.9% during mid-day trading on Friday . The company traded as high as GBX 66.80 ($0.86) and last traded at GBX 66.35 ($0.86). Approximately 723,923 shares traded hands during trading, a decline of 59% from the average daily volume of 1,785,412 shares. The stock had previously closed at GBX 65.75 ($0.85).

Analyst Ratings Changes

A number of equities analysts recently weighed in on EVOK shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 140 ($1.81) price target on shares of Evoke in a research report on Monday, December 16th. Berenberg Bank decreased their target price on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a “buy” rating for the company in a report on Wednesday, December 4th.

Evoke Stock Performance

The firm’s 50 day simple moving average is GBX 68.57 and its 200-day simple moving average is GBX 63.56. The company has a market capitalization of £295.91 million, a price-to-earnings ratio of -1.66 and a beta of 0.84.

Insider Activity

In related news, insider Andrea Gisle Joosen acquired 14,572 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were purchased at an average price of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,194.15). 27.00% of the stock is currently owned by corporate insiders.

About Evoke