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

StockNews.com initiated coverage on shares of Evoke Pharma (NASDAQ:EVOKFree Report) in a research report released on Monday. The firm issued a sell rating on the specialty pharmaceutical company’s stock.

Evoke Pharma Price Performance

Shares of NASDAQ:EVOK opened at $4.77 on Monday. The stock has a market capitalization of $7.09 million, a PE ratio of -0.43 and a beta of 0.16. The company’s 50-day moving average price is $4.90 and its two-hundred day moving average price is $5.22. Evoke Pharma has a one year low of $3.54 and a one year high of $13.80.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Evoke Pharma stock. Corsair Capital Management L.P. acquired a new stake in Evoke Pharma, Inc. (NASDAQ:EVOKFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 11,667 shares of the specialty pharmaceutical company’s stock, valued at approximately $56,000. Corsair Capital Management L.P. owned 1.42% of Evoke Pharma at the end of the most recent reporting period.

Evoke Pharma Company Profile

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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.

Further Reading

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