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Evotec (ETR:EVT) Stock Price Down 4.4% - Should You Sell?

Evotec logo with Medical background

Evotec SE (ETR:EVT - Get Free Report) shares dropped 4.4% on Friday . The stock traded as low as €6.68 ($7.68) and last traded at €6.71 ($7.71). Approximately 2,548,584 shares were traded during mid-day trading, an increase of 87% from the average daily volume of 1,360,000 shares. The stock had previously closed at €7.02 ($8.07).

Evotec Price Performance

The firm has a market capitalization of $1.29 billion, a P/E ratio of -7.52, a P/E/G ratio of 0.98 and a beta of 1.05. The company's 50-day simple moving average is €6.67 and its two-hundred day simple moving average is €7.70.

About Evotec

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Evotec SE operates as drug discovery and development partner for the pharmaceutical and biotechnology industry worldwide. The company is developing pharmaceutical products in various therapeutic areas, such as autoimmune diseases, cancer, CNS diseases, diabetes, fibrosis, immunology, infectious diseases, kidney diseases, liver diseases, pain and inflammation, rare diseases, respiratory diseases, tuberculosis, and women's health.

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