Evoke (LON:EVOK) Posts Quarterly Earnings Results

Evoke (LON:EVOK) announced its quarterly earnings results on Wednesday. The company reported GBX (6.40) (($0.08)) earnings per share for the quarter, Digital Look Earnings reports. Evoke had a negative net margin of 8.50% and a negative return on equity of 517.98%.

Evoke Stock Down 7.6 %

Evoke stock opened at GBX 53.10 ($0.68) on Thursday. The company has a market capitalization of £236.82 million, a P/E ratio of -1.33 and a beta of 0.84. The firm has a 50 day moving average price of GBX 69.75 and a 200-day moving average price of GBX 63.69. Evoke has a twelve month low of GBX 49.18 ($0.63) and a twelve month high of GBX 8,640 ($111.24).

Analyst Upgrades and Downgrades

Several research firms have commented 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 note on Monday, December 16th. Berenberg Bank cut their price objective on Evoke from GBX 130 ($1.67) to GBX 90 ($1.16) and set a “buy” rating on the stock in a research report on Wednesday, December 4th.

Insider Activity

In related news, insider Andrea Gisle Joosen bought 14,572 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were acquired at an average cost of GBX 70 ($0.90) per share, with a total value of £10,200.40 ($13,133.00). Insiders own 27.00% of the company’s stock.

About Evoke