Evolution AB (publ) (OTCMKTS:EVGGF) Receives Consensus Rating of “Hold” from Analysts

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

A number of analysts recently issued reports on EVGGF shares. BNP Paribas Exane started coverage on shares of Evolution AB (publ) in a research report on Thursday, May 14th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Evolution AB (publ) in a research report on Wednesday, May 20th.

Evolution AB (publ) Price Performance

OTCMKTS EVGGF opened at $73.92 on Friday. The company has a 50-day moving average of $71.87 and a 200-day moving average of $67.03. Evolution AB has a 12 month low of $56.15 and a 12 month high of $92.90.

About Evolution AB (publ)

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.