Evoke (LON:EVOK) Stock Price Up 13.2% Following Analyst Upgrade

Evoke plc (LON:EVOK - Get Free Report)'s share price was up 13.2% during mid-day trading on Tuesday after Berenberg Bank raised their price target on the stock from GBX 90 to GBX 95. Berenberg Bank currently has a buy rating on the stock. Evoke traded as high as GBX 70.30 ($0.95) and last traded at GBX 69.60 ($0.94). Approximately 56,870,297 shares were traded during trading, an increase of 2,224% from the average daily volume of 2,447,517 shares. The stock had previously closed at GBX 61.50 ($0.83).

Separately, JPMorgan Chase & Co. raised their price objective on Evoke from GBX 77 ($1.04) to GBX 80 ($1.08) and gave the stock a "neutral" rating in a report on Thursday, July 10th.

Insider Buying and Selling at Evoke

In related news, insider Per Widerström acquired 68,958 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The shares were purchased at an average price of GBX 54 ($0.73) per share, with a total value of £37,237.32 ($50,300.31). Also, insider Sean Wilkins acquired 101,652 shares of the firm's stock in a transaction that occurred on Wednesday, April 30th. The shares were bought at an average cost of GBX 50 ($0.68) per share, for a total transaction of £50,826 ($68,655.95). Insiders have acquired a total of 202,269 shares of company stock worth $10,515,918 over the last three months. 27.00% of the stock is currently owned by insiders.

Evoke Stock Up 2.0%

The stock has a market cap of £311.23 million, a PE ratio of -1.74 and a beta of 0.84. The business's fifty day moving average is GBX 59.29 and its 200 day moving average is GBX 60.15.

Evoke Company Profile