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

Posted by Micah Haroldson on Mar 29th, 2025

Evoke plc (LON:EVOK – Get Free Report)’s share price fell 18.7% on Thursday . The company traded as low as GBX 56 ($0.72) and last traded at GBX 58.05 ($0.75). 55,595,465 shares traded hands during mid-day 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 equities research analysts have commented on EVOK shares. Berenberg Bank cut their price objective on Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a “buy” rating for the company in a research note on Wednesday, December 4th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 140 ($1.81) price target on shares of Evoke in a research report on Monday, December 16th.

Check Out Our Latest Research Report on EVOK

Evoke Stock Down 1.1 %

The stock has a market capitalization of £224.78 million, a price-to-earnings ratio of -1.26 and a beta of 0.84. The business’s 50-day moving average is GBX 68.88 and its two-hundred day moving average is GBX 63.49.

Evoke (LON:EVOK – Get Free Report) last issued 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 return on equity of 517.98% and a negative net margin of 8.50%. As a group, analysts forecast that Evoke plc will post 12.7648305 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Andrea Gisle Joosen purchased 14,572 shares of the business’s stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average price of GBX 70 ($0.91) per share, for a total transaction of £10,200.40 ($13,202.69). 27.00% of the stock is currently owned by corporate insiders.