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Egalet Corp (NASDAQ:EGLT) released its earnings data on Tuesday. The company reported ($1.39) EPS for the quarter, Analyst Ratings.Net reports.

Egalet Corp (NASDAQ:EGLT) opened at 11.60 on Tuesday. Egalet Corp has a one year low of $9.54 and a one year high of $19.85. The stock’s 50-day moving average is $12.22 and its 200-day moving average is $13.29. The company’s market cap is $197.2 million.

A number of analysts have recently weighed in on EGLT shares. Analysts at Canaccord Genuity initiated coverage on shares of Egalet Corp in a research note on Wednesday, March 5th. They set a “buy” rating and a $20.00 price target on the stock. On the ratings front, analysts at Janney Montgomery Scott initiated coverage on shares of Egalet Corp in a research note on Monday, March 3rd. They set a “buy” rating on the stock. Finally, analysts at Stifel Nicolaus initiated coverage on shares of Egalet Corp in a research note on Monday, March 3rd. They set a “buy” rating and a $20.00 price target on the stock.

Egalet Corporation is a specialty pharmaceutical company developing and focuses on commercializing, abuse-deterrent oral products for the treatment of pain and in other indications.

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