Evoke (LON:EVOK) Announces Quarterly Earnings Results

Evoke (LON:EVOK) issued its earnings results on Wednesday. The company reported GBX (6.40) (($0.08)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%.

Evoke Stock Down 20.5 %

LON EVOK traded down GBX 14.65 ($0.19) on Wednesday, hitting GBX 56.75 ($0.73). The stock had a trading volume of 7,735,675 shares, compared to its average volume of 2,049,661. The company’s 50-day moving average is GBX 69.57 and its two-hundred day moving average is GBX 63.63. Evoke has a one year low of GBX 49.18 ($0.64) and a one year high of GBX 8,640 ($111.86). The stock has a market cap of £253.10 million, a price-to-earnings ratio of -1.42 and a beta of 0.84.

Insider Activity

In other Evoke news, insider Andrea Gisle Joosen purchased 14,572 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The stock was bought at an average price of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,206.11). Corporate insiders own 27.00% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 140 ($1.81) price target on shares of Evoke in a report on Monday, December 16th. Berenberg Bank cut their target price on Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating on the stock in a research note on Wednesday, December 4th.

About Evoke