Everplay Group (LON:EVPL) Reaches New 1-Year High - Still a Buy?

Key Points

• Everplay Group's stock reached a new 52-week high, trading at GBX 390 ($5.19) during the day and closing at GBX 383 ($5.09).
• Several analysts have raised their price targets for Everplay Group, with Deutsche Bank setting a new target at GBX 425 ($5.65) and giving the stock a "buy" rating.
• Everplay Group has a market capitalization of £553.66 million and a notable debt-to-equity ratio of 1.27, indicating a moderate level of leverage.

Everplay Group Plc (LON:EVPL - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 390 ($5.25) and last traded at GBX 383 ($5.15), with a volume of 8561 shares changing hands. The stock had previously closed at GBX 385 ($5.18).

Analyst Upgrades and Downgrades

Several research firms have issued reports on EVPL. Shore Capital restated a "buy" rating and issued a GBX 400 ($5.38) price target on shares of Everplay Group in a research report on Thursday, July 17th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Everplay Group from GBX 330 ($4.44) to GBX 425 ($5.72) and gave the stock a "buy" rating in a research report on Friday, August 1st. Royal Bank Of Canada raised their price target on shares of Everplay Group from GBX 365 ($4.91) to GBX 405 ($5.45) and gave the stock an "outperform" rating in a research report on Wednesday, July 16th. Finally, Berenberg Bank raised their price target on shares of Everplay Group from GBX 380 ($5.11) to GBX 400 ($5.38) and gave the stock a "buy" rating in a research report on Wednesday, July 9th.

Everplay Group Stock Performance

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 firm's 50-day moving average price is GBX 340.98 and its two-hundred day moving average price is GBX 282.30. The firm has a market capitalization of £564.28 million, a price-to-earnings 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.