Everplay Group (LON:EVPL) Sets New 1-Year Low After Analyst Downgrade

Everplay Group Plc (LON:EVPL)’s stock price hit a new 52-week low during trading on Thursday after Berenberg Bank lowered their price target on the stock from GBX 450 to GBX 370. Berenberg Bank currently has a buy rating on the stock. Everplay Group traded as low as GBX 212 and last traded at GBX 216, with a volume of 367825 shares changing hands. The stock had previously closed at GBX 233.

Other equities analysts have also issued research reports about the stock. Jefferies Financial Group reissued a “buy” rating and issued a GBX 440 price target on shares of Everplay Group in a report on Monday, February 2nd. Shore Capital Group reaffirmed a “buy” rating on shares of Everplay Group in a research note on Tuesday. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 455 target price on shares of Everplay Group in a research note on Friday, January 23rd. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Everplay Group has a consensus rating of “Buy” and a consensus price target of GBX 445.83.

Insider Activity at Everplay Group

In related news, insider Mikkel Weider purchased 21,526 shares of Everplay Group stock in a transaction that occurred on Wednesday, March 25th. The stock was purchased at an average cost of GBX 234 per share, with a total value of £50,370.84. Also, insider Frank Theodore Sagnier purchased 33,200 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was bought at an average price of GBX 301 per share, with a total value of £99,932. Insiders own 21.66% of the company’s stock.

Everplay Group Stock Down 2.1%

The firm has a market capitalization of £304.56 million, a P/E ratio of 14.00, a PEG ratio of 3.16 and a beta of 0.31. The firm’s 50 day moving average is GBX 294.13 and its two-hundred day moving average is GBX 336.75. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28.

Everplay Group (LON:EVPL) last posted its quarterly earnings results on Tuesday, March 24th. The company reported GBX 25.70 earnings per share (EPS) for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. Research analysts predict that Everplay Group Plc will post 24.1106719 EPS for the current year.

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.