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

Investment analysts at StockNews.com assumed coverage on shares of Evoke Pharma (NASDAQ:EVOKGet Free Report) in a research note issued on Tuesday. The firm set a “sell” rating on the specialty pharmaceutical company’s stock.

Evoke Pharma Price Performance

Shares of NASDAQ EVOK opened at $4.24 on Tuesday. The stock’s 50-day moving average is $5.17 and its two-hundred day moving average is $5.96. The company has a market cap of $36.45 million, a price-to-earnings ratio of -2.32 and a beta of 0.38. Evoke Pharma has a 1-year low of $3.54 and a 1-year high of $18.60.

Evoke Pharma (NASDAQ:EVOKGet Free Report) last issued its earnings results on Tuesday, August 13th. The specialty pharmaceutical company reported ($0.93) earnings per share for the quarter, missing the consensus estimate of ($0.72) by ($0.21). Evoke Pharma had a negative net margin of 86.74% and a negative return on equity of 964.25%. The firm had revenue of $2.55 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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