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

Evolution AB (publ) (OTCMKTS:EVGGF) has been given an average rating of “Hold” by the seven brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company.

A number of equities analysts have recently issued reports on the stock. UBS Group upgraded shares of Evolution AB (publ) to a “neutral” rating in a research note on Monday, August 3rd. Citigroup reiterated a “neutral” rating on shares of Evolution AB (publ) in a research report on Monday, July 20th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Evolution AB (publ) in a research note on Monday, July 20th. Finally, BNP Paribas Exane assumed coverage on shares of Evolution AB (publ) in a research report on Thursday, May 14th. They issued an “outperform” rating for the company.

Evolution AB (publ) Stock Up 1.6%

Shares of EVGGF stock opened at $87.50 on Friday. Evolution AB has a one year low of $56.15 and a one year high of $91.33. The stock has a fifty day moving average price of $76.71 and a 200 day moving average price of $70.70.

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.