Evoke (LON:EVOK) Trading 17.2% Higher - Still a Buy?

Evoke plc (LON:EVOK - Get Free Report)'s stock price was up 17.2% during trading on Tuesday . The company traded as high as GBX 45.90 ($0.60) and last traded at GBX 44.30 ($0.58). Approximately 3,500,189 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 2,588,063 shares. The stock had previously closed at GBX 37.80 ($0.49).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 140 ($1.83) price target on shares of Evoke in a report on Monday, December 16th.

Evoke Stock Up 2.4 %

The stock has a fifty day moving average price of GBX 62.59 and a 200-day moving average price of GBX 62.11. The firm has a market cap of £212.29 million, a price-to-earnings ratio of -1.19 and a beta of 0.84.

Evoke (LON:EVOK - Get Free Report) last announced its quarterly earnings data on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share (EPS) for the quarter. Evoke had a negative net margin of 8.50% and a negative return on equity of 517.98%. As a group, research analysts expect that Evoke plc will post 12.7648305 earnings per share for the current year.

Insider Activity at Evoke

In other Evoke news, insider Andrea Gisle Joosen acquired 14,572 shares of the business's stock in a transaction on Tuesday, January 28th. The stock was purchased at an average price of GBX 70 ($0.92) per share, for a total transaction of £10,200.40 ($13,346.07). Also, insider Jonathan (Jon) Mendelsohn bought 200,000 shares of the firm's stock in a transaction on Monday, March 31st. The shares were bought at an average price of GBX 48 ($0.63) per share, for a total transaction of £96,000 ($125,605.13). 27.00% of the stock is owned by insiders.

About Evoke