Evolution AB (publ) (OTCMKTS:EVGGF) Receives Average Rating of “Hold” from Brokerages

Evolution AB (publ) (OTCMKTS:EVGGF – Get Free Report) has been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating on the company.

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

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Evolution AB (publ) Stock Performance

Shares of Evolution AB (publ) stock opened at $79.42 on Monday. The stock has a 50 day moving average price of $73.30 and a 200-day moving average price of $68.24. Evolution AB has a one year low of $56.15 and a one year high of $92.90.

About Evolution AB (publ)

(Get Free Report)

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.

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