Everplay Group (LON:EVPL) Trading Up 16.6% – Time to Buy?

Everplay Group Plc (LON:EVPL)’s share price traded up 16.6% during trading on Wednesday . The company traded as high as GBX 265 ($3.43) and last traded at GBX 263.60 ($3.41). 814,501 shares traded hands during mid-day trading, an increase of 71% from the average session volume of 475,922 shares. The stock had previously closed at GBX 226 ($2.93).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Everplay Group in a research report on Monday, March 3rd. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Everplay Group has a consensus rating of “Moderate Buy” and a consensus target price of GBX 347.50 ($4.50).

Everplay Group Stock Performance

The firm has a fifty day moving average of GBX 233.80 and a 200-day moving average of GBX 229.57. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27. The firm has a market cap of £374.27 million, a P/E ratio of -8,416.67, a PEG ratio of 3.16 and a beta of 0.31.

Everplay Group (LON:EVPL) last released its earnings results on Wednesday, March 26th. The company reported GBX 24.10 ($0.31) earnings per share for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. Research analysts predict that Everplay Group Plc will post 24.1106719 earnings per share for the current fiscal year.

Everplay Group Company Profile

everplay group plc is a leading global indie games label developer and publisher of premium video games and apps, with a portfolio of over 140 premium, high-quality titles across PC, console and mobile.

The Group was founded in 1990, and everplay (formerly Team17 Group plc) successfully listed on the London Stock Exchange in 2018.