Evoke (LON:EVOK) Announces Earnings Results

Evoke (LON:EVOK) issued 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 return on equity of 517.98% and a negative net margin of 8.50%.

Evoke Stock Performance

Shares of LON:EVOK opened at GBX 53.10 ($0.68) on Thursday. Evoke has a 52-week low of GBX 49.18 ($0.63) and a 52-week high of GBX 8,640 ($111.24). The company has a market capitalization of £236.82 million, a P/E ratio of -1.33 and a beta of 0.84. The company has a 50-day simple moving average of GBX 69.75 and a 200 day simple moving average of GBX 63.69.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on EVOK shares. Berenberg Bank cut their price target on shares of 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. Jefferies Financial Group restated a “buy” rating and issued a GBX 140 ($1.80) price target on shares of Evoke in a research note on Monday, December 16th.

About Evoke