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

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

Evoke Pharma Stock Up 6.1 %

NASDAQ EVOK opened at $0.49 on Friday. Evoke Pharma has a twelve month low of $0.41 and a twelve month high of $2.40. The company has a market cap of $4.12 million, a price-to-earnings ratio of -0.21 and a beta of 0.38. The business’s fifty day moving average is $0.57 and its 200 day moving average is $0.87.

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