Everplay Group (LON:EVPL) Shares Up 9.1% – What’s Next?

Everplay Group Plc (LON:EVPL) shares were up 9.1% during trading on Friday . The company traded as high as GBX 425 and last traded at GBX 423.50. Approximately 1,901,000 shares traded hands during trading, an increase of 155% from the average session volume of 746,895 shares. The stock had previously closed at GBX 388.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Shore Capital Group raised Everplay Group to a “buy” rating and set a GBX 460 price objective on the stock in a report on Tuesday. Berenberg Bank lifted their target price on Everplay Group from GBX 370 to GBX 495 and gave the stock a “buy” rating in a report on Wednesday. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 380 target price on shares of Everplay Group in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 455 price target on shares of Everplay Group in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 454.

Everplay Group Stock Performance

The company has a debt-to-equity ratio of 1.27, a current ratio of 2.80 and a quick ratio of 2.28. The company has a market capitalization of £610.24 million, a PE ratio of 22.53, a price-to-earnings-growth ratio of 3.16 and a beta of 0.31. The firm’s fifty day simple moving average is GBX 256.85 and its 200 day simple moving average is GBX 257.12.

Everplay Group (LON:EVPL) last released its quarterly earnings data on Tuesday, September 15th. The company reported GBX 3.70 earnings per share for the quarter. Everplay Group had a negative return on equity of 0.12% and a negative net margin of 0.18%. On average, 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.