Evoke Pharma (NASDAQ:EVOK) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Evoke Pharma (NASDAQ:EVOKGet Free Report) in a report issued on Thursday. The brokerage set a “sell” rating on the specialty pharmaceutical company’s stock.

Evoke Pharma Stock Up 16.8 %

Evoke Pharma stock opened at $0.55 on Thursday. Evoke Pharma has a 12-month low of $0.42 and a 12-month high of $2.42. The business’s 50-day moving average price is $0.63 and its two-hundred day moving average price is $0.93. The stock has a market cap of $4.66 million, a PE ratio of -0.24 and a beta of 0.22.

Evoke Pharma (NASDAQ:EVOKGet Free Report) last released its earnings results on Thursday, March 14th. The specialty pharmaceutical company reported ($0.59) earnings per share (EPS) for the quarter. Evoke Pharma had a negative net margin of 150.43% and a negative return on equity of 517.99%. The business had revenue of $1.68 million during the quarter.

Evoke Pharma Company Profile

(Get Free Report)

Evoke Pharma, Inc, a specialty pharmaceutical company, primarily focuses on the development and commercialization of drugs for the treatment of gastroenterological disorders and diseases. It offers Gimoti, a metoclopramide nasal spray to treat symptoms associated with acute and recurrent diabetic gastroparesis in adults.

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