Everplay Group (LON:EVPL) Shares Down 9.5% – Here’s Why

Everplay Group Plc (LON:EVPL)’s share price was down 9.5% during mid-day trading on Wednesday . The company traded as low as GBX 216 ($2.71) and last traded at GBX 220 ($2.76). Approximately 364,214 shares changed hands during mid-day trading, an increase of 72% from the average daily volume of 211,960 shares. The stock had previously closed at GBX 243 ($3.05).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of Everplay Group in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Everplay Group has a consensus rating of “Moderate Buy” and an average price target of GBX 347.50 ($4.37).

Everplay Group Stock Up 1.3 %

The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. The firm has a fifty day moving average of GBX 235.12 and a 200-day moving average of GBX 240.65. The firm has a market cap of £349.80 million, a P/E ratio of -8,416.67, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31.

Everplay Group Company Profile

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.