StockNews.com Initiates Coverage on Evoke Pharma (NASDAQ:EVOK)

Research analysts at StockNews.com initiated coverage on shares of Evoke Pharma (NASDAQ:EVOKGet Free Report) in a research note issued to investors on Friday. The brokerage set a “sell” rating on the specialty pharmaceutical company’s stock.

Evoke Pharma Price Performance

Shares of EVOK stock opened at $0.44 on Friday. The company’s fifty day simple moving average is $0.60 and its two-hundred day simple moving average is $0.90. The stock has a market capitalization of $3.70 million, a price-to-earnings ratio of -0.19 and a beta of 0.22. Evoke Pharma has a 1 year low of $0.42 and a 1 year high of $2.40.

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

About Evoke Pharma

(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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