Shares of Evolution AB (publ) (OTCMKTS:EVVTY) have been assigned a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.
A number of brokerages have issued reports on EVVTY. Citigroup reiterated a “neutral” rating on shares of Evolution AB (publ) in a research note on Monday, July 26th. DNB Markets upgraded Evolution AB (publ) from a “hold” rating to a “buy” rating in a research note on Wednesday, June 30th.
Shares of OTCMKTS:EVVTY traded up $6.52 during midday trading on Thursday, hitting $170.87. The company had a trading volume of 41,850 shares, compared to its average volume of 40,176. Evolution AB has a 12-month low of $61.86 and a 12-month high of $201.76. The company has a fifty day moving average of $166.74 and a two-hundred day moving average of $165.91.
Evolution AB engages in the development, production, marketing and licensing business to business casino solutions to gaming operators. It provides live casino studios, land-based live casino, mobile live casino, and live casino for television. The company was founded by Richard Hadida, Jens von Bahr and Fredrik Osterberg in 2006 and is headquartered in Stockholm, Sweden.
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