Everplay Group (LON:EVPL) Trading 1.3% Higher – What’s Next?

Everplay Group Plc (LON:EVPL)’s share price rose 1.3% on Monday . The stock traded as high as GBX 272 and last traded at GBX 268.88. Approximately 222,024 shares changed hands during trading, a decline of 61% from the average daily volume of 575,060 shares. The stock had previously closed at GBX 265.48.

Analyst Upgrades and Downgrades

EVPL has been the subject of several analyst reports. Shore Capital Group restated a “buy” rating on shares of Everplay Group in a research note on Tuesday, March 24th. Berenberg Bank lowered their target price on Everplay Group from GBX 450 to GBX 370 and set a “buy” rating on the stock in a research report on Thursday, March 26th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 455 price target on shares of Everplay Group in a report on Monday, March 30th. Finally, Jefferies Financial Group decreased their price objective on Everplay Group from GBX 440 to GBX 380 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 435.83.

Everplay Group Trading Up 1.3%

The stock has a market capitalization of £387.44 million, a PE ratio of 14.30, a PEG ratio of 3.16 and a beta of 0.31. The stock’s 50 day moving average price is GBX 262.08 and its 200-day moving average price is GBX 309.57. The company has a quick ratio of 2.28, a current ratio of 2.80 and a debt-to-equity ratio of 1.27.

Everplay Group (LON:EVPL) last released its earnings results on Tuesday, March 24th. The company reported GBX 25.70 earnings per share for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. On average, sell-side analysts expect that Everplay Group Plc will post 24.1106719 earnings per share for the current fiscal year.

Insider Activity at Everplay Group

In related news, insider Mikkel Weider bought 21,526 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The stock was purchased at an average price of GBX 234 per share, for a total transaction of £50,370.84. 21.66% of the stock is owned by insiders.

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. Subsequently, the Group has completed the business acquisitions of StoryToys in 2021, astragon and The Label in 2022, and Independent Arts Software GmbH by astragon in 2023, along with the IP acquisitions of two key titles: Golf With Your Friends and Hell Let Loose.