Evoke plc (LON:EVOK - Get Free Report)'s share price shot up 13% during trading on Wednesday 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 69.50 ($0.94). 5,723,622 shares were traded during trading, an increase of 175% from the average session volume of 2,082,184 shares. The stock had previously closed at GBX 61.50 ($0.83).
Separately, JPMorgan Chase & Co. boosted their price objective on Evoke from GBX 77 ($1.04) to GBX 80 ($1.08) and gave the company a "neutral" rating in a research note on Thursday, July 10th.
Check Out Our Latest Research Report on EVOK
Insiders Place Their Bets
In other Evoke news, insider Per Widerström purchased 68,958 shares of the firm's stock in a transaction on Friday, May 23rd. The stock was bought at an average cost of GBX 54 ($0.73) per share, for a total transaction of £37,237.32 ($50,341.11). Also, insider Sean Wilkins acquired 101,652 shares of Evoke stock in a transaction dated Wednesday, April 30th. The stock was purchased at an average price of GBX 50 ($0.68) per share, with a total value of £50,826 ($68,711.64). Insiders have bought a total of 202,269 shares of company stock worth $10,515,918 in the last three months. Corporate insiders own 27.00% of the company's stock.
Evoke Stock Up 13.0%
The stock has a market capitalization of £309.96 million, a PE ratio of -1.74 and a beta of 0.84. The company has a 50-day moving average of GBX 58.67 and a 200 day moving average of GBX 60.04.
Evoke Company Profile
(
Get Free Report)
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Evoke, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Evoke wasn't on the list.
While Evoke currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
