Evoke (LON:EVOK) Shares Up 13.7% Following Analyst Upgrade

Evoke plc (LON:EVOK - Get Free Report)'s stock price was up 13.7% 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 ($0.95) and last traded at GBX 69.90 ($0.94). Approximately 39,418,555 shares changed hands during mid-day trading, an increase of 1,598% from the average daily volume of 2,322,098 shares. The stock had previously closed at GBX 61.50 ($0.83).

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

Insider Activity at Evoke

In other news, insider Per Widerström purchased 68,958 shares of the stock in a transaction on 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 ($50,300.31). Also, insider Sean Wilkins bought 101,652 shares of the stock in a transaction dated Wednesday, April 30th. The stock was bought at an average price of GBX 50 ($0.68) per share, with a total value of £50,826 ($68,655.95). Insiders have acquired a total of 202,269 shares of company stock valued at $10,515,918 in the last quarter. 27.00% of the stock is currently owned by company insiders.

Evoke Stock Up 2.0%

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

Evoke Company Profile