Evoke (LON:EVOK) Shares Down 14.8% – Here’s What Happened

Posted by Jared Coughlin on Mar 26th, 2025

Evoke plc (LON:EVOK – Get Free Report) shares dropped 14.8% on Wednesday . The stock traded as low as GBX 59 ($0.76) and last traded at GBX 60.85 ($0.79). Approximately 2,599,548 shares traded hands during mid-day trading, an increase of 33% from the average daily volume of 1,954,943 shares. The stock had previously closed at GBX 71.40 ($0.92).

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on EVOK shares. Berenberg Bank reduced their price target on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.17) and set a “buy” rating for the company in a report on Wednesday, December 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 140 ($1.81) price target on shares of Evoke in a research note on Monday, December 16th.

Check Out Our Latest Report on Evoke

Evoke Price Performance

The business has a 50 day simple moving average of GBX 69.57 and a 200 day simple moving average of GBX 63.63. The company has a market cap of £267.93 million, a price-to-earnings ratio of -1.50 and a beta of 0.84.

Insider Activity at Evoke

In other news, insider Andrea Gisle Joosen bought 14,572 shares of the stock in a transaction dated Tuesday, January 28th. The stock was bought at an average cost of GBX 70 ($0.91) per share, with a total value of £10,200.40 ($13,206.11). 27.00% of the stock is currently owned by company insiders.