Everplay Group (LON:EVPL) Trading 1.9% Higher - Here's What Happened

Key Points

• Everplay Group's share price rose by 1.9% to close at GBX 376 ($5.08), with a trading volume of 305,837 shares, down 41% from its average session volume.
• Analysts are optimistic about Everplay Group, with multiple brokerages raising their price targets and maintaining a consensus rating of "Buy" and a price target of GBX 407.50.
• The company has a market cap of £541.25 million and a debt-to-equity ratio of 1.27, indicating its level of financial leverage.

Shares of Everplay Group Plc (LON:EVPL - Get Free Report) shot up 1.9% on Wednesday . The company traded as high as GBX 378 ($5.06) and last traded at GBX 376 ($5.04). 305,837 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 520,314 shares. The stock had previously closed at GBX 369 ($4.94).

Analysts Set New Price Targets

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

Everplay Group Trading Down 2.2%

The company has a 50 day moving average of GBX 365.91 and a two-hundred day moving average of GBX 296.22. 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 stock has a market capitalization of £572.01 million, a PE ratio of 2,835.71, a P/E/G ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL - Get Free Report) last announced its earnings results on Tuesday, September 2nd. The company reported GBX 10.50 earnings per share 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 predict that Everplay Group Plc will post 24.1106719 EPS for the current year.

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.