Evolution AB (publ) (OTCMKTS:EVGGF) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Evolution AB (publ) (OTCMKTS:EVGGF) have earned a consensus recommendation of “Hold” from the six research firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company.

A number of analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Evolution AB (publ) in a report on Wednesday, May 20th. BNP Paribas Exane assumed coverage on shares of Evolution AB (publ) in a report on Thursday, May 14th. They set an “outperform” rating on the stock.

Evolution AB (publ) Price Performance

EVGGF stock opened at $73.92 on Friday. Evolution AB has a twelve month low of $56.15 and a twelve month high of $92.90. The company’s 50 day moving average is $71.87 and its two-hundred day moving average is $67.03.

Evolution AB (publ) Company Profile

Evolution AB (publ) is a Sweden-based company that specializes in providing live casino solutions to the global online gaming industry. Since its founding in 2006 and subsequent listing on Nasdaq Stockholm in 2015, the company has focused on delivering real-time, interactive gaming experiences by streaming professional dealers from studio environments to operator platforms. Its offering includes classic table games such as roulette, blackjack and baccarat, as well as a growing portfolio of proprietary live game shows and RNG (random number generator) slot titles.

Evolution operates a network of purpose-built studios across Europe, North America and Latin America, serving licensed and regulated markets in more than 20 jurisdictions.