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Evotec (OTCMKTS:EVTCY) Share Price Passes Above Fifty Day Moving Average - What's Next?

Evotec logo with Medical background

Shares of Evotec SE (OTCMKTS:EVTCY - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $4.00 and traded as high as $4.09. Evotec shares last traded at $4.01, with a volume of 270,643 shares traded.

Evotec Price Performance

The firm has a market cap of $1.32 billion, a P/E ratio of 9.78 and a beta of 0.98. The company has a current ratio of 2.57, a quick ratio of 2.50 and a debt-to-equity ratio of 0.53. The business has a 50-day moving average of $4.00 and a two-hundred day moving average of $4.10.

About Evotec

(Get Free Report)

Evotec SE engages in the discovery and development of new drugs for pharmaceutical and biotechnology companies. It operates through the following segments: EVT Execute and EVT Innovate. The EVT Execute segment provides stand-alone or integrated drug discovery solutions for collaborators targets and programmers on a typical fee-for-service basis or through a variety of commercial structures, which may include performance-based components, such as milestones and royalties.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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