Everplay Group (LON:EVPL) Sets New 52-Week High - Time to Buy?

Key Points

• Everplay Group Plc has reached a new 52-week high, trading at GBX 408 ($5.51) amid robust volume, indicating strong market interest in the stock.
• Several research analysts have upgraded their price targets for Everplay Group, with a consensus rating of "Buy" and an average price target of GBX 407.50.
• Financial indicators show that the company maintains a healthy liquidity position with a current ratio of 2.80 and a debt-to-equity ratio of 1.27.

Everplay Group Plc (LON:EVPL - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 408 ($5.51) and last traded at GBX 406 ($5.48), with a volume of 478067 shares trading hands. The stock had previously closed at GBX 395 ($5.33).

Analysts Set New Price Targets

A number of research analysts have issued reports on EVPL shares. Shore Capital restated a "buy" rating and issued a GBX 400 price objective on shares of Everplay Group in a research note on Thursday, July 17th. Royal Bank Of Canada upped their price objective on Everplay Group from GBX 365 to GBX 405 and gave the company an "outperform" rating in a research note on Wednesday, July 16th. Berenberg Bank upped their price objective on Everplay Group from GBX 380 to GBX 400 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Everplay Group from GBX 330 to GBX 425 and gave the company a "buy" rating in a research report on Friday, August 1st. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of GBX 407.50.

Everplay Group Price Performance

The company has a current ratio of 2.80, a quick ratio of 2.28 and a debt-to-equity ratio of 1.27. The business has a 50-day moving average price of GBX 362.69 and a 200 day moving average price of GBX 294.79. The stock has a market cap of £584.40 million, a PE ratio of 2,897.14, a PEG 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.