Shares of Evoke plc (LON:EVOK - Get Free Report) rose 13% during 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 ($0.94) and last traded at GBX 69.50 ($0.93). Approximately 5,723,622 shares traded hands during mid-day trading, an increase of 175% from the average daily volume of 2,082,184 shares. The stock had previously closed at GBX 61.50 ($0.83).
Separately, JPMorgan Chase & Co. increased their target price on shares of Evoke from GBX 77 ($1.03) to GBX 80 ($1.08) and gave the stock a "neutral" rating in a research report on Thursday, July 10th.
Check Out Our Latest Research Report on EVOK
Insider Transactions at Evoke
In other Evoke news, insider Per Widerström purchased 68,958 shares of the stock in a transaction dated Friday, May 23rd. The stock was bought at an average price of GBX 54 ($0.73) per share, for a total transaction of £37,237.32 ($50,043.44). Also, insider Sean Wilkins purchased 101,652 shares of the business's stock in a transaction on Wednesday, April 30th. The stock was bought at an average cost of GBX 50 ($0.67) per share, for a total transaction of £50,826 ($68,305.34). Insiders have bought a total of 202,269 shares of company stock valued at $10,515,918 over the last ninety days. 27.00% of the stock is owned by insiders.
Evoke Stock Up 2.0%
The company's 50 day moving average is GBX 59.60 and its 200 day moving average is GBX 60.17. The firm has a market capitalization of £311.23 million, a price-to-earnings ratio of -1.74 and a beta of 0.84.
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