Evoke (LON:EVOK) Shares Down 18.7% – Should You Sell?

Posted by Mark Dietrich on Mar 27th, 2025

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

Analysts Set New Price Targets

Several brokerages recently weighed in on EVOK. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 140 ($1.80) price objective on shares of Evoke in a research report on Monday, December 16th. Berenberg Bank decreased their price target on Evoke from GBX 130 ($1.67) to GBX 90 ($1.16) and set a “buy” rating on the stock in a research note on Wednesday, December 4th.

View Our Latest Stock Report on EVOK

Evoke Stock Down 18.7 %

The business’s 50-day simple moving average is GBX 69.75 and its two-hundred day simple moving average is GBX 63.69. The firm has a market capitalization of £258.90 million, a price-to-earnings ratio of -1.45 and a beta of 0.84.

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

Insider Buying and Selling

In other Evoke news, insider Andrea Gisle Joosen acquired 14,572 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was purchased at an average price of GBX 70 ($0.90) per share, for a total transaction of £10,200.40 ($13,133.00). 27.00% of the stock is owned by corporate insiders.