Evoke (LON:EVOK) Shares Up 0.9% – Still a Buy?

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

Analyst Ratings Changes

Several brokerages recently issued reports on EVOK. Berenberg Bank cut their target price on Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a “buy” rating on the stock in a research report on Wednesday, December 4th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 140 ($1.81) target price on shares of Evoke in a research report on Monday, December 16th.

View Our Latest Research Report on EVOK

Evoke Stock Up 0.9 %

The stock has a market capitalization of £295.91 million, a P/E ratio of -1.66 and a beta of 0.84. The company has a 50-day moving average price of GBX 68.67 and a two-hundred day moving average price of GBX 63.58.

Insider Activity at Evoke

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

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