Everplay Group (LON:EVPL) Trading Up 0.5% - Still a Buy?

Key Points

• Everplay Group's stock saw a slight increase of 0.5% to GBX 376 ($5.07), although trading volume decreased by 16% compared to its average.
• Multiple brokerages, including Berenberg Bank and Deutsche Bank, have upgraded their price targets for Everplay Group, with an average target of **GBX 443** and a general consensus rating of "Buy."
• Insider Deborah Jayne Bestwick sold over 3 million shares at an average price of GBX 370, indicating significant insider trading activity.

Everplay Group Plc (LON:EVPL - Get Free Report) was up 0.5% on Friday . The company traded as high as GBX 383 ($5.16) and last traded at GBX 376 ($5.07). Approximately 474,097 shares changed hands during trading, a decline of 16% from the average daily volume of 561,181 shares. The stock had previously closed at GBX 374 ($5.04).

Analysts Set New Price Targets

A number of brokerages recently weighed in on EVPL. Berenberg Bank boosted their price objective on Everplay Group from GBX 400 to GBX 450 and gave the stock a "buy" rating in a research report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Everplay Group from GBX 425 to GBX 470 and gave the company a "buy" rating in a report on Tuesday, September 2nd. Royal Bank Of Canada upped their price target on shares of Everplay Group from GBX 405 to GBX 455 and gave the company an "outperform" rating in a research report on Wednesday, September 3rd. Shore Capital reiterated a "buy" rating on shares of Everplay Group in a report on Tuesday, September 2nd. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 440 target price on shares of Everplay Group in a research report on Friday, September 12th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of GBX 443.

Everplay Group Price Performance

The stock has a market capitalization of £541.75 million, a P/E ratio of 2,490.07, a PEG ratio of 3.16 and a beta of 0.31. 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 business has a fifty day simple moving average of GBX 383.23 and a 200-day simple moving average of GBX 324.11.

Everplay Group (LON:EVPL - Get Free Report) last issued its earnings results on Tuesday, September 2nd. The company reported GBX 10.50 EPS for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. Sell-side analysts expect that Everplay Group Plc will post 24.1106719 earnings per share for the current fiscal year.

Insider Buying and Selling at Everplay Group

In related news, insider Deborah Jayne Bestwick sold 3,243,243 shares of the company's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of GBX 370, for a total value of £11,999,999.10. 24.32% of the stock is owned by corporate insiders.

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.

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