Eyenovia (NASDAQ:EYEN) Receives New Coverage from Analysts at Roth Capital

Roth Capital initiated coverage on shares of Eyenovia (NASDAQ:EYEN) in a report released on Tuesday, February 20th, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $20.00 price target on the stock. Roth Capital’s target price suggests a potential upside of 126.50% from the stock’s previous close.

Eyenovia (EYEN) traded down $0.18 during trading hours on Tuesday, hitting $8.83. The stock had a trading volume of 12,924 shares, compared to its average volume of 28,921. Eyenovia has a 52-week low of $7.32 and a 52-week high of $10.74.

In related news, Director Fredric N. Eshelman acquired 335,000 shares of the company’s stock in a transaction dated Monday, January 29th. The stock was purchased at an average price of $10.00 per share, with a total value of $3,350,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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About Eyenovia

Eyenovia, Inc is a clinical stage biopharmaceutical company. The Company is engaged in developing a pipeline of ophthalmology products utilizing its piezo-print technology to deliver micro-doses of active pharmaceutical ingredients (micro-therapeutics) to the eye. Its product candidates include MicroProst, MicroStat, MicroTears and MicroPine.

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