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

Shares of Evolution AB (publ) (OTCMKTS:EVGGF) have been given an average recommendation of “Hold” by the six brokerages that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company.

Several brokerages have commented on EVGGF. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Evolution AB (publ) in a report on Wednesday, May 20th. BNP Paribas Exane assumed coverage on Evolution AB (publ) in a research note on Thursday, May 14th. They issued an “outperform” rating for the company.

Evolution AB (publ) Stock Performance

Shares of EVGGF stock opened at $70.81 on Thursday. Evolution AB has a fifty-two week low of $56.15 and a fifty-two week high of $92.90. The stock has a 50 day moving average price of $72.24 and a two-hundred day moving average price of $67.27.

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.