Evoke (LON:EVOK) Shares Down 18.7% – Here’s What Happened

Posted by Trent Williams on Mar 26th, 2025

Evoke plc (LON:EVOK – Get Free Report)’s stock price was down 18.7% on Wednesday . The company traded as low as GBX 56 ($0.72) and last traded at GBX 58.05 ($0.75). Approximately 55,595,465 shares were traded during trading, an increase of 1,853% from the average daily volume of 2,847,325 shares. The stock had previously closed at GBX 71.40 ($0.92).

Analyst Upgrades and Downgrades

Several research analysts have issued reports on EVOK shares. Berenberg Bank decreased their target price on shares of Evoke from GBX 130 ($1.67) to GBX 90 ($1.16) 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 ($1.80) price objective on shares of Evoke in a research report on Monday, December 16th.

View Our Latest Analysis on Evoke

Evoke Trading Down 18.7 %

The firm has a fifty day moving average of GBX 69.75 and a 200 day moving average of GBX 63.69. The company has a market capitalization of £258.90 million, a P/E ratio of -1.45 and a beta of 0.84.

Evoke (LON:EVOK – Get Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) EPS for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. Sell-side analysts anticipate that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Andrea Gisle Joosen bought 14,572 shares of the stock in a transaction on Tuesday, January 28th. The shares were bought at an average price of GBX 70 ($0.90) per share, with a total value of £10,200.40 ($13,133.00). 27.00% of the stock is currently owned by insiders.