HC Wainwright set a $6.00 target price on Eyegate Pharmaceuticals, Inc. (NASDAQ:EYEG) in a report published on Wednesday. The brokerage currently has a buy rating on the specialty pharmaceutical company’s stock.

Separately, Noble Financial reiterated a buy rating on shares of Eyegate Pharmaceuticals in a research note on Friday, May 19th.

Shares of Eyegate Pharmaceuticals (NASDAQ:EYEG) opened at 1.14 on Wednesday. The firm has a 50-day moving average price of $1.34 and a 200-day moving average price of $1.88. Eyegate Pharmaceuticals has a 52 week low of $1.11 and a 52 week high of $3.90. The firm’s market capitalization is $12.40 million.

Eyegate Pharmaceuticals (NASDAQ:EYEG) last released its quarterly earnings results on Monday, May 8th. The specialty pharmaceutical company reported ($0.39) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.39). The company had revenue of $0.19 million during the quarter, compared to the consensus estimate of $0.22 million. Eyegate Pharmaceuticals had a negative return on equity of 670.92% and a negative net margin of 1,618.38%. On average, equities analysts expect that Eyegate Pharmaceuticals will post ($0.92) earnings per share for the current fiscal year.

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Eyegate Pharmaceuticals Company Profile

Eyegate Pharmaceuticals, Inc is a clinical-stage specialty pharmaceutical company. The Company is focused on developing and commercializing therapeutics and drug delivery systems for treating diseases of the eye. The Company’s lead product, EGP-437, incorporates a reformulated topically active corticosteroid, dexamethasone phosphate, which is delivered into the ocular tissues through its drug delivery system, the EyeGate II Delivery System.

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