Evoke Pharma (NASDAQ:EVOK) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Evoke Pharma (NASDAQ:EVOKFree Report) in a report issued on Saturday morning. The brokerage issued a sell rating on the specialty pharmaceutical company’s stock.

Evoke Pharma Stock Performance

Shares of EVOK opened at $5.54 on Friday. Evoke Pharma has a 52-week low of $3.54 and a 52-week high of $17.88. The business’s 50 day moving average price is $4.81 and its two-hundred day moving average price is $5.55. The firm has a market cap of $47.63 million, a PE ratio of -3.03 and a beta of 0.39.

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 analysts’ consensus estimates of ($0.72) by ($0.21). Evoke Pharma had a negative return on equity of 964.25% and a negative net margin of 86.74%. The firm had revenue of $2.55 million for the quarter.

About Evoke Pharma

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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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