Evolution AB (publ) (OTCMKTS:EVVTY) Trading Down 6.5% – Here’s Why

Evolution AB (publ) (OTCMKTS:EVVTY)’s stock price dropped 6.5% during mid-day trading on Thursday . The company traded as low as $60.02 and last traded at $60.47. Approximately 119,490 shares were traded during trading, an increase of 66% from the average daily volume of 71,958 shares. The stock had previously closed at $64.69.

Evolution AB (publ) Price Performance

The company’s 50-day moving average price is $66.66 and its 200-day moving average price is $75.68.

Evolution AB (publ) Company Profile

Evolution AB (publ) is a Sweden‐based B2B provider of live casino solutions for the global online gaming industry. Established in 2006 and headquartered in Stockholm, the company specializes in streaming real-time table games—such as blackjack, roulette and baccarat—as well as innovative game shows like Dream Catcher, Monopoly Live and Lightning Roulette. Evolution operates state-of-the-art studios equipped with professional dealers, interactive interfaces and multi-camera setups to deliver high-quality, regulated live gaming experiences to licensed online operators worldwide.

Over the years, Evolution has expanded its footprint through strategic acquisitions and studio launches across multiple jurisdictions.