Evoke Pharma (EVOK) Stock Price Up 7.6%
Evoke Pharma Inc (NASDAQ:EVOK) shares rose 7.6% during trading on Thursday . The company traded as high as $1.34 and last traded at $1.27. Approximately 996,434 shares changed hands during trading, an increase of 327% from the average daily volume of 233,603 shares. The stock had previously closed at $1.18.
EVOK has been the subject of a number of analyst reports. B. Riley set a $5.00 price target on shares of Evoke Pharma and gave the stock a “buy” rating in a research note on Monday. HC Wainwright set a $9.00 price target on shares of Evoke Pharma and gave the stock a “buy” rating in a research note on Monday, December 10th. Finally, Zacks Investment Research upgraded shares of Evoke Pharma from a “sell” rating to a “hold” rating in a research note on Monday, December 3rd.
Evoke Pharma (NASDAQ:EVOK) last posted its earnings results on Wednesday, March 6th. The specialty pharmaceutical company reported ($0.10) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.10). On average, equities research analysts anticipate that Evoke Pharma Inc will post -0.56 EPS for the current year.
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About Evoke Pharma (NASDAQ:EVOK)
Evoke Pharma, Inc, a specialty pharmaceutical company, primarily focuses on the development of drugs for the treatment of gastroenterological disorders and diseases. It is developing Gimoti, a metoclopramide nasal spray, which is in Phase 2b clinical trials for the relief of symptoms associated with acute and recurrent diabetic gastroparesis in women.
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