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

Evolution AB (publ) (OTCMKTS:EVGGF) has received a consensus rating of “Hold” from the six research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company.

A number of equities analysts have recently weighed in on EVGGF shares. BNP Paribas Exane started coverage on shares of Evolution AB (publ) in a research note on Thursday, May 14th. They set an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Evolution AB (publ) in a research note on Wednesday, May 20th.

Evolution AB (publ) Price Performance

Shares of EVGGF opened at $76.95 on Friday. The company’s fifty day moving average is $70.81 and its two-hundred day moving average is $66.78. Evolution AB has a 1 year low of $56.15 and a 1 year high of $92.90.

About Evolution AB (publ)

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.