Everplay Group (LON:EVPL) Sets New 52-Week High – Should You Buy?

Everplay Group Plc (LON:EVPL)’s stock price hit a new 52-week high on Monday . The stock traded as high as GBX 441.51 and last traded at GBX 439, with a volume of 815653 shares changing hands. The stock had previously closed at GBX 423.50.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on EVPL. Berenberg Bank upped their price target on Everplay Group from GBX 370 to GBX 495 and gave the stock a “buy” rating in a report on Wednesday, September 16th. Jefferies Financial Group restated a “buy” rating and issued a GBX 380 price objective on shares of Everplay Group in a research note on Wednesday, July 29th. Shore Capital Group upgraded shares of Everplay Group to a “buy” rating and set a GBX 460 target price for the company in a research note on Tuesday, September 15th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 455 price target on shares of Everplay Group in a research report on Tuesday, September 15th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 454.

Everplay Group Trading Down 1.7%

The business’s 50 day moving average price is GBX 269.40 and its 200-day moving average price is GBX 260.02. The company has a market cap of £621.05 million, a price-to-earnings ratio of 22.93, a PEG ratio of 3.16 and a beta of 0.31. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.28 and a current ratio of 2.80.

Everplay Group (LON:EVPL) last issued its earnings results on Tuesday, September 15th. The company reported GBX 3.70 earnings per share for the quarter. Everplay Group had a negative net margin of 0.18% and a negative return on equity of 0.12%. On average, research analysts forecast that Everplay Group Plc will post 24.1106719 EPS for the current year.

About Everplay Group

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.