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

Investment analysts at StockNews.com started coverage on shares of Evoke Pharma (NASDAQ:EVOKGet Rating) in a research report issued to clients and investors on Friday. The firm set a “sell” rating on the specialty pharmaceutical company’s stock.

Evoke Pharma Trading Down 3.4 %

Shares of EVOK opened at $1.87 on Friday. The company has a quick ratio of 5.71, a current ratio of 5.93 and a debt-to-equity ratio of 2.35. Evoke Pharma has a 12-month low of $1.37 and a 12-month high of $5.96. The firm has a market capitalization of $6.25 million, a PE ratio of -0.75 and a beta of 0.38. The stock’s fifty day simple moving average is $2.06 and its 200-day simple moving average is $2.51.

Evoke Pharma (NASDAQ:EVOKGet Rating) last issued its quarterly earnings results on Tuesday, March 21st. The specialty pharmaceutical company reported ($0.53) earnings per share (EPS) for the quarter. Evoke Pharma had a negative net margin of 285.96% and a negative return on equity of 175.19%. The firm had revenue of $0.80 million for the quarter.

About Evoke Pharma

(Get Rating)

Evoke Pharma, Inc is a pharmaceutical company, which engages in the development of drugs for the treatment of gastrointestinal disorders and diseases. It also develops Gimoti, with promotility and anti-emetic effects, for the relief of symptoms associated with acute and recurrent diabetic gastroparesis in women with diabetes mellitus.

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