Evolution AB (publ) (OTCMKTS:EVGGF) Given Average Rating of “Hold” by Analysts

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

A number of research firms have commented on EVGGF. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Evolution AB (publ) in a research note on Wednesday, May 20th. BNP Paribas Exane began coverage on Evolution AB (publ) in a research note on Thursday, May 14th. They issued an “outperform” rating on the stock.

Evolution AB (publ) Price Performance

Evolution AB (publ) stock opened at $76.95 on Friday. The business’s fifty day moving average is $70.81 and its two-hundred day moving average is $66.78. Evolution AB has a 52 week low of $56.15 and a 52 week high of $92.90.

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.