Evoke (LON:EVOK) Trading Up 14.5% - Time to Buy?

Shares of Evoke plc (LON:EVOK - Get Free Report) shot up 14.5% during mid-day trading on Thursday . The stock traded as high as GBX 48.90 ($0.65) and last traded at GBX 48.90 ($0.65). 42,064,105 shares were traded during trading, an increase of 1,236% from the average session volume of 3,148,381 shares. The stock had previously closed at GBX 42.70 ($0.57).

Evoke Price Performance

The company has a market cap of £211.84 million, a price-to-earnings ratio of -1.19 and a beta of 0.84. The business's fifty day moving average price is GBX 61.30 and its 200 day moving average price is GBX 61.77.

Evoke (LON:EVOK - Get Free Report) last released its quarterly earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) 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, equities research analysts anticipate that Evoke plc will post 12.7648305 EPS for the current year.

Insiders Place Their Bets

In other Evoke news, insider Jonathan (Jon) Mendelsohn purchased 200,000 shares of the company's stock in a transaction on Monday, March 31st. The shares were purchased at an average cost of GBX 48 ($0.64) per share, with a total value of £96,000 ($127,371.63). Also, insider Andrea Gisle Joosen acquired 14,572 shares of Evoke stock in a transaction dated Tuesday, January 28th. The shares were bought at an average cost of GBX 70 ($0.93) per share, with a total value of £10,200.40 ($13,533.77). Company insiders own 27.00% of the company's stock.

About Evoke