Evoke Pharma (NASDAQ:EVOK) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Evoke Pharma (NASDAQ:EVOKFree Report) in a research note published on Tuesday. The firm issued a sell rating on the specialty pharmaceutical company’s stock.

Evoke Pharma Stock Up 2.0 %

EVOK stock opened at $4.04 on Tuesday. Evoke Pharma has a 52-week low of $3.44 and a 52-week high of $12.32. The stock’s 50 day moving average is $4.63 and its two-hundred day moving average is $4.75. The company has a market capitalization of $6.00 million, a PE ratio of -0.37 and a beta of 0.16.

Institutional Investors Weigh In On Evoke Pharma

A hedge fund recently bought a new stake in Evoke Pharma stock. Corsair Capital Management L.P. acquired a new position in shares of Evoke Pharma, Inc. (NASDAQ:EVOKFree Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 11,667 shares of the specialty pharmaceutical company’s stock, valued at approximately $56,000. Corsair Capital Management L.P. owned about 1.42% of Evoke Pharma as of its most recent SEC filing.

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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