Evolution AB (publ) (EVGGF) Expected to Post Earnings on Friday

Evolution AB (publ) (OTCMKTS:EVGGF – Get Free Report) is expected to post its results before the market opens on Friday, October 23rd. Analysts expect the company to post earnings of $1.53 per share and revenue of $598.14 million for the quarter.

Evolution AB (publ) Stock Performance

Shares of OTCMKTS EVGGF opened at $81.97 on Thursday. The company’s 50 day simple moving average is $84.19 and its 200 day simple moving average is $76.28. Evolution AB has a fifty-two week low of $56.15 and a fifty-two week high of $91.29.

Wall Street Analyst Weigh In

A number of analysts have commented on EVGGF shares. Citigroup reaffirmed a “neutral” rating on shares of Evolution AB (publ) in a report on Monday, July 20th. BNP Paribas Exane cut shares of Evolution AB (publ) from an “outperform” rating to a “neutral” rating in a research report on Tuesday, September 29th. UBS Group raised Evolution AB (publ) to a “neutral” rating in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Evolution AB (publ) in a report on Monday, July 20th. Six equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Evolution AB (publ) currently has a consensus rating of “Reduce”.

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Evolution AB (publ) Company Profile

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Evolution AB (publ) is a Sweden-based business-to-business provider of online casino entertainment. The company develops and supplies live casino games, casino table games, game shows, and other interactive gaming products to online gaming operators, land-based casinos, and betting platforms. Its services are designed to be integrated into customers’ websites and mobile applications.

The company began operations in 2006 as Evolution Gaming and has expanded from live casino into a broader portfolio of gaming content.

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