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Evotec (ETR:EVT) Shares Up 2.2% - Should You Buy?

Evotec logo with Medical background

Key Points

  • Evotec SE shares rose by 2.2% on Tuesday, reaching a high of €6.00 ($7.15) before settling at €5.95 ($7.08).
  • The company has a market cap of $1.14 billion and reported a price-to-earnings ratio of -6.65.
  • Evotec focuses on drug discovery and development across various therapeutic areas, including autoimmune diseases, cancer, and diabetes.
  • Five stocks to consider instead of Evotec.

Evotec SE (ETR:EVT - Get Free Report) shares shot up 2.2% during trading on Tuesday . The company traded as high as €6.00 ($7.06) and last traded at €5.95 ($7.00). 505,120 shares changed hands during trading, a decline of 63% from the average session volume of 1,360,000 shares. The stock had previously closed at €5.82 ($6.84).

Evotec Price Performance

The stock has a market cap of $1.16 billion, a P/E ratio of -6.78, a PEG ratio of 0.98 and a beta of 1.05. The business's 50 day simple moving average is €6.45 and its 200 day simple moving average is €6.67.

Evotec Company Profile

(Get Free Report)

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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